Ann: Update on Cobalt Offtake and Funding Negotiations, page-2

So, let me see if I have this straight:

- We have acquired a shiny new mineral processing plant and an interest in a couple of dung heaps in darkest Africa, apparently containing billions of dollars of the latest and greatest hot commodity, Cobalt - all at virtually no cost to the company
- We have engaged a bloke, working out of a bedsit in London, to negotatiate an offtake agreement with one of the many global commodity companies begging for a piece of the action

Meanwhile, back in the real world:

- Tony Sage continues to extract annual 7 figure compensation from the company
- Cash reserves dwindle to barely sufficient to keep the light bulbs burning for one more quarter

Can Tony snatch victory from the jaws of defeat and deliver the mythical 100-bagger? Or will this be just another torn-up lottery ticket?