We are looking weak, problem is we are not producing a thing & have no offtake agreement yet & this has all been driven by speculation since 2c.
This is starting to resemble past performance when we wait & wait till it’s all to late.
The only recent positive is having Muller on board & climbing cobalt price, although it’s another hand in our pockets.
I’m really hoping that management have learnt from their mistakes & we won’t have long to wait to find out we have a great deal & id expect we should be able to get to 15c.
Even if it’s not going well, I’d rather know where we stand either way.
EUR is very volitile so I wouldn’t factor the now current high sp into our market cap.
Also troubling that this is also weak in Germany, closing at 4.3 Euros.
We need a good offtake deal and better communication to S/H & solid deadlines that are met.
I continue to hold knowing the clouds could disappear & we get a great done deal but certainly won’t bank on it.
Good Luck to all whatever your position !
CFE Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
