So COB to remain an exploration company with this announcement. Capital raise and then drilling again for another 1-2 years..... plus 3 years to actually get a mine up and running. Why not concentrate on getting a mine up and running.... that would be in shareholders interest. 70-80% of exploration companies never get to become a mine. That’s just the facts as management don’t want to leave their comfy offices and live in the outback to actually develop a mine.... They have to sacrifice years of their lives to achieve this away from family. That’s just the facts unfortunately.... I hope COB management are different.
COB Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)