CLE 0.00% 0.1¢ cyclone metals limited

Multibillion dollar project

  1. 4,016 Posts.
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    Also recommended as a buy in this weeks The Bull by PAC Partners.
    http://www.thebull.com.au/premium/a/65850-18-share-tips---6-march-2017.html

    Cape Lambert Resources (CFE)

    Chart: Share price over the year

    CFE has recently signed an agreement to form a 50/50 joint venture to develop cobalt and copper projects in the Democratic Republic of Congo, including near term production assets and three further projects. We believe the joint venture should add value to these projects and return significant upside to investors. We believe cobalt has a positive future. The shares were trading at 3.8 cents on March 3.
 
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