Here comes the whinge train...
How about do some research and don't invest in penny exploration companies that are high risk if you are not prepared to lose your investment.
Go sit your money in CBA where you can get 2% a year or maybe even better in a term deposit so you can get off the stock forums.
You wouldn't be crying and making excuses if it was 1000 parts per million. Exploration companies are exactly that, exploring. They wouldnt waste their time drilling if they didnt believe that had a chance of potential commercial grade.
They still have the Cobalt play which is promising.
Another point why would you sell when you are basically at the bottom? - Doesn't make any logical sense to me.
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