chloe

Todays announcement is all good news but the market can't see the implied numbers.

Chloe has the potential to be upgraded by 50% looking at the diagram. An additional 1mt of resource at 5% Zinc and 2.5% of Lead and Copper each, just makes the economics and underlying value compelling.

If smm is correct about Kamarga that would be great news. What most people are unaware of is that the Cobalt resource is worth a truck load of money. At $15 pp it is marginal but at current values it is enormous for a small company like CSE.

Blackwood as smm suggested is the wild card. The electromagnetics imply something very big is lurking around that area.

At 30 cents, this is one of the bigger bargains I have seen in quite sometime, though BHP at $30.50 a few months back was in there.