So COB to remain an exploration company with this announcement....

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.