It's dead. Unless you can see cobalt above $60, 70, 80, 90, 100K...

It's dead.

Unless you can see cobalt above $60, 70, 80, 90, 100K per tonne (chose your poison).

In the Companies own words ---

A positive economic outcome from the Scoping Study is highly dependent on both a robust cobalt price and successful results from the metallurgical test work.

The initial results from the current metallurgical program have demonstrated that further test work is required to optimise the process for recovery of the value metals (including cobalt) from the mineralisation.

In light of this and given the current and near term forecast pricing for cobalt, the Company has decided it is the best interests of shareholders to significantly slow work on the evaluation of the Opuwo Project, until such time as the cobalt price improves markedly from current levels

Ask Brendan??
Despite spending $15Milion deal can't answer that simple question..

Do we have a mine & at what price??????????????

Spend another $15m, will that get us there???