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.
So COB to remain an exploration company with this announcement....
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $24.02M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.4¢ | $19.44K | 360.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 173588 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 113166 | 2 |
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| Last trade - 14.57pm 22/07/2025 (20 minute delay) ? |
| COB (ASX) Chart |