CCI has the potential to produce up to 300,000T of chrome per year once in production.
Assuming that it costs $70/T to produce and up to $200/T to sell the chrome ore it gives them a clear profit of $130/T which equates to roughly $39,000,000/year profit.
The major obstavle at the moment is to get the BEE partnership signed up. Once this hurdle is overcome, getting the license should be alot easier.
Expect an announcement soon regarding the successful BEE partner.
CCI has the capital to fulfill their share of production costs.
Shares curently trading at 1.2c.
Very speculative at the moment but has huge potential.
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