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Ann: Expansion of Dobsina Cobalt-Nickel Project, page-20

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  1. 1,751 Posts.
    lightbulb Created with Sketch. 2205
    In some respects I agree with that Dave, but good drill results would help stem the bleeding IMO

    It's true, that even with great results in present market environment we would not get proper bang for buck, but at present some good news would be welcome.

    We are at 21 month lows this afternoon, I believe the cobalt and lithium sectors will see a shift in the near future, and I also believe EUC will very likely prove up a highly economic deposit, so I continue to hold.

    As you say decent drill results wouldn't be fully rewarded at present, but my take is good drill results would help a badly eroded price at present, and then be more fully rewarded when market conditions improve further down the track.

    And as we go forward I think there will be an ongoing stream of good news, but the sooner the ball gets rolling on that one, the better IMO.
 
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