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1.41% 7.2¢ cobalt blue holdings limited

Ann: COB Expands Broken Hill Footprint, page-9

  1. oddlogic
    761 Posts.
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    25/05/21
    13:17
    Post #: 53399189
    Just because they expanded their tenement doesn't mean they will drill it right away. I see this as a way of extending project life 10 years from now. currently LOM is just under 20 years. With this extra tenement I believe drilling in the far future will allow them to increase their LOM.

    I don't think they have any plans of drilling this now to any great extent. Quite smart.
    COB Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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