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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia
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To: Adam Levar who wrote (69)1/30/1997 1:16:00 AM
From: Thomas J. Benthall   of 501
 
Adam,

I don't think the purity of the cobalt/copper matte produced at
Kabwe is a problem. At least not for now. They plan to eventually
produce a 100% cobalt product. The recent financing will be used
mostly for a 30 ton furnace. I understand it will be completed in
'98. IMO, my opinion the important thing is that CLP follow through
with their stated plans. So far they seem to doing that.

Thomas
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