All this announcement is telling me is: 1) Mineralogy microprobe...

All this announcement is telling me is:

1) Mineralogy microprobe work confirms that Cobalt occurs with sulphides in the massive vanadium ore.

2) Cobalt is currently undergoing a massive re-rating as a strategic battery metal. The increasing use of cobalt, as well as the demand from consumers for ethically sourced cobalt, has contributed to a price rise to over US$52,000 per metric tonne.

3) Cobalt has been found in the layered mafic igneous sequence (Lady Alma Igneous Complex) at **anintha, distributed within the magnetite rich layers which form the bulk of the vanadium resource.

So in layman's terms I presume when you know you're on to great vanadium you should find Colbalt. Because of increasing demand Colbalt it is now worth $52K a tonne!! While the grades may not be as high as mines SOLELY looking for Co, we're not, and the great news is these grades (and prices) are still easily good enough for us to commercially mine it. Basically, money for old rope!!