Back to the facts - 12 month to production, page-2

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theraven

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09/08/18

08:02

Post #: 34820337
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Originally posted by tl2016 ↑

Good morning ladies and gentlemen!

I'm Thomas from Germany and I want to try that we concentrate us of the actual facts again and don't waste the time to look back, to drag over Tony and his management job....

Facts:

- approx. 1.010.000.000 shares outstanding
- approx. 50.000.000 options outstanding (0,05 -0,07 Aus$
- market capitalization of approx. 29,6 Mio. Aus$ ( Full diluted)
- approx. 4,5 Mio. Aus$ in the bank (Fe included)

Investments

- European Lithium, approx. 12%, actual Value approx. 12 Mio. Aus$. Austria Wolfsberg, productIon 2020
- Fe Limited (Kasombo 5-7), copper and cobalt, approx. 40%, actual Value approx. 3,2 Mio. Aus$
additional investments of Fe limited, add. value FE
- Cauldron energy, approx. 16%, actual Value approx. 1,4 Mio. Aus$

Investments, not listed

- Kipushi, 50%, copper and cobalt dumb, PFS finished, value approx. 200 Mio. for Cape, Congo, productIon Q2 2019.
- Kitwe, 60%, copper and cobalt dumb, tests on going, bigger resource as KIpushI expected ( dump is bigger), value approx. 200 Mio. analog KipushI
- Marampa and Dempsey (100%), both Iron ore projects
- Mining International (100%), copper project

- add. little Investments, LatIn resources etc.

So, that the facts.

All projects are on goIng to generste add. Value, the next step is the financIng of the Kipushi Lesching plant. we need approx. 35 Mio., 50:50, Cape and Paragon. Different possibilities, Off Take agreements other financings, actual Is no additional capital raising planned.

Come on guys, thats the facts. Cape are valued with 29,5 Mio.Aus$. Forget the last years, these are the actual projects and Investments and facts.

This is so undervalued, In 12 months we are In productIon at KIpushI, then KItwe, then european or Kasombo, the chances are so big, stop your howling and wailing because the last years. Its August 2018, take your chance, these are the facts and In 12 month we are In productIon.

Sorry guys, you have to see the potential, unbelievable if not!

Take your seat in the starting train!!!

Thanks Thomas

I wait for the crybabies and the negative persons

Good night all!!!

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No one is denying the advertised value - except perhaps the market and big finance investors. This keeps it firmly in realms of potential and no where near realised.

The only positive we can take from that is that IF they do manage to get funding from a reputable source, then the price will sky rocket over night. A very big if.

In regard to your statement about the holdings in other companies, if you have a look back at how these assets have been diluted over the past 4 -5 years. TS way is to dilute them off the need to report on them - my negative ways saw that he was diluting FEL over the past quarter as he has done to EUR and CXU before that. (Go grab a quarterly from 3 - 4 years ago and compare)

I will stop being negative when the facts are positive and promises is delivered upon, right now we are waiting on offtake agreement that is over 1 year late. FACT. Unfortunately your facts are just wishful thinking.

CFE Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

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