With all the negative views being posted since the release of COB's PFS the main point to be made is that from now till the BFS a number of cost reductions will be found in all areas of production. The new technology highlighted below is but one of the improvements that will appear in the next year. I am glad that all of the weak hands are departing, this company has a real future if some don't have the vision and forsight to be longterm investors it's their bad luck. There are new inventions being developed for mining processing in Australia that have global significance , of course COB's IR development on cobalt sulphate production stands out as a good example.
Time to stop trading for short term gain , instead support Australian ingenuity IMO.
Saw this story on ABC today , it was stated in the interview that apart from copper other metals could be processed including cobalt.
https://www.miningnews.net/leadership/news/1341835/rfc-backing-another-tech-firm
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New technolgy will aid cost reduction in future,.
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $24.46M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.4¢ | $6.996K | 127.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 320140 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 11166 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 68181 | 0.055 |
4 | 270140 | 0.054 |
4 | 113588 | 0.053 |
7 | 128173 | 0.052 |
5 | 311090 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 111166 | 3 |
0.056 | 15500 | 1 |
0.057 | 32439 | 2 |
0.058 | 115580 | 3 |
0.060 | 105395 | 3 |
Last trade - 15.17pm 21/07/2025 (20 minute delay) ? |
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