Update on negotiations with 3 Black Economic Empowerment Groups (Potential agreement with one or more)
Feasibility study on producing 200 -250,000 tonnes of chrome products per annum, approximately 60-75% of production to non-metallurgical customers, ie foundry sands & chemical
Detailed mine planning and financial modelling completed
Mine plan being assessed by project finance banks
CCI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held