To get straight to the point...CCI will be producing chrome ore...

To get straight to the point...CCI will be producing chrome ore during the middle of this year.

CCI has acquired a chrome mine in South Africa for peanuts (only paid $8 million for the mine which cost vendor, BHP Billiton close to $20 million to set up) to earn in excess of $40 million pa.

CCI has now found a BEE partner to satisfy South African law, successfully raised $800 000 ++ in a capital raising, and is currently doing preparation work to obtain a mining license.

In addition, CCI has first right of refusal to 7 other prospects in the region and is currently in the process of doing their due diligence before they decide to go ahead with the mining or drop it.


Another thing, chrome ore is in huge demand at the moment and South Africa is the worlds leading producer of chrome ore.

Assuming that all goes to plan, based on the projected revenue from this current project, the share price is way undervalued.

Those that have done their figures have suggested a share price close to 10-15c in 12 months time.

Today it closed at 1.9c.