Any day now surely. How long does it take to drill 15-25 holes near surface, 2,000m ?
It's been 3 and a bit weeks.
And "mid March" for the ETA on iCobalt prospectus lodgement is coming to a close.
As soon as the iCobalt prospectus is lodged I reckon MTC's SP will climb 30%+. Because lodgement of the prospectus will signal that there are only 4 trading days to acquire MTC shares and become eligible for the iCobalt priority offer (max. 250,000 shares $0.20 each).
"Upon listing, iCobalt will have an undiluted market capitalisation of $9.1 million and an enterprise value of $4.6 million."
Very cheap for such a high-quality cobalt play in a safe jurisdiction. Remember, 70% of the world's cobalt is mined in DRC and many Western companies will not touch DRC cobalt (directly).
Tick tock the iCobalt clock
PS. 10,000 shares bought on the Chi-X this morning at $0.185, heading towards break-out real soon imo
All personal opinion, pure speculation, not advice, DYOR etc
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