COB 4.76% 8.0¢ cobalt blue holdings limited

Just because they expanded their tenement doesn't mean they will...

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    lightbulb Created with Sketch. 62
    Just because they expanded their tenement doesn't mean they will drill it right away. I see this as a way of extending project life 10 years from now. currently LOM is just under 20 years. With this extra tenement I believe drilling in the far future will allow them to increase their LOM.

    I don't think they have any plans of drilling this now to any great extent. Quite smart.
 
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