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Fe Limited's chairman Tony Sage continues to buy on-market

Kasombo is located near some of the world’s largest copper and cobalt mines.
Tony Sage
Tony Sage, non-executive chairman, Fe Limited

Fe Limited's (ASX:FEL) non-executive chairman, Tony Sage, continues to snap up shares in the company through on-market purchases.

The company is in the process of acquiring an equity interest in the copper-cobalt project from Cape Lambert Resources Ltd (ASX:CFE).

Sage bagged another 459,311 shares in Fe for a consideration of A$13,169. This followed a purchase of 1 million shares last week.

READ: Fe Limited commences exploration work at copper-cobalt project

Sage's stake in Fe has now increased to circa 3.9 million shares.

Fe's portfolio

The Kasombo project is located amongst some of the world’s largest and highest grade copper and cobalt mines.

The company also has a number of free-carried interests in projects located within the Bryah Basin region of Western Australia.

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