Thanks mate for providing this Article....
Because this article even get me firmly believe ARL could be one of few Choice in Australia when big rrsources funds decide to have exposure to Cobalt.....
Low MC of Junior explorer and developer of Cobalt, plus existing JORC with further drilling high grade zone and Scoping study underway (right?)
CLQ had attracted several big sub holders so the strong and bullish SP performance....
According to this article, Colbat consist big chunk of Non lithium component and big risky DRC factor, Cobalt will be boost even further and harder.....
Plus Massive Zinc hits...
Plenty cash at bank...
Low SOI with 60m Free float
Not much cheap overhang
Loyal option...
$27m MC.....
I am confidant and believe $100m MC MT is fair to say and we could get back 60c(which is only $37m MC) or over ST
2017 Cobalt boom & 2018 Nickel boom?, page-10
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47.0¢ |
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Mkt cap ! $92.85M | |||
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