CCZ 0.00% 0.5¢ castillo copper limited

Major Project Status?, page-10

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    Not sure, where are you coming from:

    Read below,

    Cobalt,a critical mineral used in the manufacture of lithium ion batteries that help power items such as smartphones, electric vehicles and solar panels.

    Parkes MP Mark Coulton visited Broken Hill on Wednesday to formally announce "major project status" for Cobalt Blue's plans, which is the federal government's formal recognition of a project's national significance.

    I said to you before- Cobalt is an important strategic mineral that is why cobalt is over USD 74,000 a ton. Fed gov has already granted MPS to COB that means millions of dollar grant would flow to COB.

    CCZ may get the same status in the future. CCZ has leases adjacent to COB in Broken Hill, NSW.....

    I would rather wait and watch...as to which direction CCZ would go from here.....may be couple of drills ...to confirm historic data....and to show Fed and NSW Gov significant cobalt presence of commercial quantities.

    I would continue to hold CCZ until things get clarity from the CCZ management....wait until next week for an announcement ...as CCZ makes announcement every second Monday....

    COB reached over 63 c today... I expect CCZ to reach at least 6c and above......

    DYOR

 
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