It doesn't appear to be very popular with the market, but COB's decision to delay the BFS based on the recommendation of experienced engineers, is 100% correct. In my view, this demonstrates true leadership and a real desire to maximise value for shareholders by minimising the risk of their project to the maximum extent possible. I applaud this decision. In the long run, the project will be the better for it.
COB Price at posting:
36.0¢ Sentiment: None Disclosure: Not Held
