No doubt the cobalt exploration story has stalled -so I agree it will be difficult for AYR to raise funds. Notwithstanding I expect that may well change quickly - see todays article in the AFR -they are selling every battery storage unit they can get their hands on from the Chinese company BYD which is bigger than Tesla.
Where is all this cobalt going to come from -especially if the Congo implodes -which it will !
In terms of grade Ophara is right up there - quite good -what we need is wider intersections and tonnage. We have not scratched the surface yet and given grade is very good I am optimistic. As for advanced projects look at Barra -sitting on their hands -no idea how to get the project moving and the share price smashed. Let Andy find it and I am sure AYR can be a serious player if we get lucky in terms of tonnage and grade. In any event all we want is a share price tracking much higher -
Ann: Results Show Potential for Extensive Cobalt Mineralisation, page-166
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
