Ann: Mineralised Zone Extended to 12 km at Opuwo Cobalt Project, page-47

A lot of Cu/Co (that starts at the surface) and overburden needs to be processed to get to a depth of 50m (assuming an open cut operation), if this happens we will have already done pretty well by then. These results show it goes that deep and continues (I personally am not factoring in high Cobalt prices for any more than 5 years, possibly less, so don't see this as a major issue). If the grades are significantly better at some depth then potentially underground mining becomes an option. Obviously there isn't enough info to know if this is viable, but have been told that this is something that is already being considered/looked into.

I still feel there are many positives this resource has over others that more than make up for the obvious disadvantage (strike width).

Plus I haven't seen management at many other companies bothering to reach into their own pocket and pull out a bit more than loose change to purchase on more than one occasion. Having management that are skilled, forward thinking/seeking expertise ASAP when necessary and believe in the project is where most of the value is here IMO