It also ignores the fact that most of the mines in the list are...

It also ignores the fact that most of the mines in the list are copper mines. If you've got 2%+ copper and you're selling cobalt for extra credits then that's a bit different from just comparing cobalt grades. Laterites are another bucket altogether.

It's always interesting having a bunch of people jump on you for saying an announcement was disappointing. I didn't say the share price would plunge. I didn't say the grades were bad. I'm still hopeful that they'll manage to find something worth having at either Cobalt Ridge or Lake Lynn.

However, decent widths are still proving elusive and there's not enough accessory minerals, so this is going to take more drilling (which means more money) to find something decent.