Ann: 15,000 metre Cobalt Resource Drilling Program Commences, page-14

Considering that mineralisation "extends to surface and outcrops" in many places and that previous announcements have talked about new mineralised zones giving the potential for improved strip ratios I've been assuming that open cut would be the plan, possibly not going to full depth.

Great to see the company moving forward with a 5 rig drilling program and good initial mets. It would be nice to have final met conclusions but moving forward with 5 drill rigs suggests a lot of confidence in the ability to economically recover the metals.

Also interesting that the resource drilling will give a JORC covering about a tenth of the total DOF so LOTS of scope for that to increase.

Would be nice to see this pushing and holding into the 6s but with it having been at 3 only a few months ago profit taking is no big surprise, big green numbers are always nice to see but we're a long way off where I'll start thinking about profit taking so the progress of the project in the short term is more important than the SP for me.