The whole area is really more of a Silver play than it is a Cobalt one. That's not to say that there isn't Cobalt there but I feel that a lot of investors have been hood winked by the name of the town and have not really looked at what was produced historically.
The "Ore veins" as seen in the historic drilling at Rusty Lake are only one or two inches wide which is worrying. It's too early to tell but I can't see something that narrow being economic. In Cobalt itself they were seeing veins way thicker than that.
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $27.13M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $11.11K | 85.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40619 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 268693 | 3 |
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| Last trade - 14.27pm 30/06/2025 (20 minute delay) ? |
| MTC (ASX) Chart |