cobalt breaks 23,800, page-98

If we refer to the last quarterly I believe those tenements were acquired for their lithium potential.

At the forefront at the moment obviously is further defining the Mt Thirsty resource. Once this is done we will be JORC 2012 compliant and on the way to completing a PFS. I'm not seeing why a shallow 40,000T resource of Cobalt is valued so low and will be pleased once the current inferred resource (which is about half of the 40K T total) is updated to an indicated one. Let alone the great potential of going deeper in the Mt Thirsty deposit and further exploration into E63/1267.

At the moment "eCobalt Solutions" (valued at $74M CAD) has less than 17,000T of cobalt planed for their mine that they require $150M USD for. Did you know their only other prospects identified is a further 7,000T of cobalt that they can only further explore once their underground mine is built.

I think their market cap is quite hot solely because of the proximity to Tesla. Personally I think the likes of Japan,Korea, China and Europe will have a much greater demand for EV's in the near term.