COB cobalt blue holdings limited

Ann: Rebrand and Major Copper Project Earn-in, page-5

  1. 704 Posts.
    lightbulb Created with Sketch. 177
    This is either genius or corporate ADHD. I don't know which yet.

    They highlight their technical expertise as being key to unlocking value:

    https://hotcopper.com.au/data/attachments/6818/6818160-b4f9a22d527e568420d57a25678e0aa0.jpg
    Ok, but that's yet to be proven at commercial scale, I'd love to see that happening before we branched out too far. But I guess $200k in scrip (at a premium) and $500k spend over the next 2.5 years is a cheap enough bet by the company on achieving that. The key (and I guess why AKN are farming this out and taking on other projects around the globe) would seem to be this:

    https://hotcopper.com.au/data/attachments/6818/6818171-36d2164d791c402676c1f9552f28e139.jpg

    The copper domain at Onedin seems to be fully within the partial / complete oxidise zones:

    https://hotcopper.com.au/data/attachments/6818/6818181-5f8211b40c9c3143947cb61f92660a7a.jpg
    Previous metallurgical work:

    https://hotcopper.com.au/data/attachments/6818/6818184-4e8950fa3bb608fb723fc1e1eda98a6c.jpg

    I don't know if COB have done any testwork on their ore but Joe seems to be betting COB can solve that challenge.
 
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5.6¢
Change
0.002(3.70%)
Mkt cap ! $24.91M
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