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0.00% 12.0¢ cobalt one limited

EQU vs. Cobalt Blue, page-19

  1. shikobebaby
    154 Posts.
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    31/01/17
    15:30
    Post #: 22255256
    They haven't started drilling yet. All they have are some rock samples showing very high [Co] from 30-50 years ago. Not enough for a legitimate estimate of the global resource. At 9.4¢ and after in-the-money options dilutions and share considerations for Ophiolite, EQU's MC is worth 50M$. I don't know about you, but that's a bit steep for a junior that hasn't drilled yet. COB has at least drilled and inferred their global resource.
    CO1 Price at posting: 9.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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