Ann: CPS Research Note, page-23

IMO this is a very significant part of the CPS research note :
In additon to, and concurrently with, expanding the Cangai Copper Mine Inferred Resource, management will also be targeting the following;Leveraging legacy data where possible, otherwise drilling is required, progress JORC modelling on areas in the Broken Hill Project, with signifcant high-grade zinc and cobalt mineralisaton;JORC compliant Inferred Resources for two Queensland Mt Oxide (copper-cobalt) and Marlborough (nickel-cobalt) prospects will progress post the inaugural drilling programs, slated to commence in 1H 2018; andCommence liaising with third party processors within range of the priority project areas, then put in place measures to expedite end-product to market via the London Metal Exchange (LME).Diferentated Business Model Maximises Cash-FlowCCZ will use third party concentrate processors located within range of its prospects to monetse it’s expected four JORC compliant Resources (Cu-Co-Zn-Ni) as quickly as possible for shareholders. As shown below, all of CCZ’s prospects are close to excellent transportation infrastructure and access to ports. Once processed the ore will be sold on the LME and shipped directly to Asian based clients (Figure 2A & 2B). Advantages with this approach include, 1) eliminatng large-scale capex associated with building processing facilites, 2) fast-tracking cash-fow to the company and 3) establishing clients in Asia ahead of the competition .

The Ccz story is just warming up and I’m expecting this to be trending towards 10c as we get closer to drilling !