Ann: Excellent Walford Creek Metallurgy Results, page-4

Pretty fair assessment however I would be extremely surprised if AML will be the one actually doing the mining. According to Speccy - even Paul Harris mentioned this during the last AGM.

OCP’s MO is not having an equity investment in a mining company. I suspect that they have been slowly accumulating and the higher volume days are holders offloading - we should see confirmation of this within the next few months when they put out the next significant holder statement.

I’d expect some drilling results in the next 1-2 weeks (visual first if anything to report then assays a few weeks later). The name of the game is to progress to development while proving up the large exploration upside.
The PFS to put some numbers around the economics of the initial mine which may likely be scaled up by the eventual acquirer.

With everyone rushing around trying to find Rare Earths - it’s worth remembering that China have the majority of processing capacity of cobalt intermediate products to cobalt sulfates as well as a decent supply of the raw materials from DRC. If the trade war worsens expect China to turn the screws on this as well to make it harder for western car companies & battery producers getting cobalt products.

By potentially going down the oxidative leach/POX route It seems like they will be producing a cobalt sulfate product.