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Equity Bottom-Up

<p>Edison Investment Research is terminating coverage on Cradle Resources (CXX). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.</p>

Edison Investment Research is terminating coverage on Cradle Resources (CXX). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.

<p>Cradle Resources has a 50% interest in the Panda Hill niobium project in Tanzania. Unlike other niobium projects, its geology and metallurgy are almost entirely conventional. The flotation process at Panda Hill is similar to Niobec, for example, while the leach process is based on Catal&atilde;o and the converter process on some of the principles from the final stage of the CBMM pyro-metallurgical circuit. On 20 April 2016, Cradle announced the results of a definitive feasibility study (DFS) on the project compiled by MDM, Coffey, SRK, SGS, SLR and Roskill (among others). Cradle is currently optimising the DFS before making a final investment decision in Q217. Assuming that it is affirmative, Panda Hill will then be poised to become only the world&rsquo;s fourth producing niobium mine.</p>

Cradle Resources has a 50% interest in the Panda Hill niobium project in Tanzania. Unlike other niobium projects, its geology and metallurgy are almost entirely conventional. The flotation process at Panda Hill is similar to Niobec, for example, while the leach process is based on Catal&atilde;o and the converter process on some of the principles from the final stage of the CBMM pyro-metallurgical circuit. On 20 April 2016, Cradle announced the results of a definitive feasibility study (DFS) on the project compiled by MDM, Coffey, SRK, SGS, SLR and Roskill (among others). Cradle is currently optimising the DFS before making a final investment decision in Q217. Assuming that it is affirmative, Panda Hill will then be poised to become only the world&rsquo;s fourth producing niobium mine.

Australia

Earths Energy Limited is an Australian based minerals exploration and development company. The Company's main focus is the Panda Hill Niobium Project in Tanzania.

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Earths Energy (EE1 AU)

Termination of coverage

Edison Investment Research is terminating coverage on Cradle Resources (CXX). Please note you should no longer rely on any previous research or...

Edison Investment Research

A point of principle

Cradle Resources has a 50% interest in the Panda Hill niobium project in Tanzania. Unlike other niobium projects, its geology and metallurgy are...

Edison Investment Research

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