Depends on entry price.. Can understand people getting out at...

Depends on entry price..
Can understand people getting out at evens or in profit due to results not confirming what appears to be fraudulent numbers from the locals..

Otherwise a bit silly to sell here at loss..
Cos on one hole 50m at 0.5% cobalt..
Diagonally across from this, some 400m+ away is 30m at 0.5% or so cobalt...
Looks to be same rock unit so real potential for 150k tonnes cobalt equivalent in that ntheastern part of kamilombe acreage...
Also when considering that combined total 40m at higher than 1% copper.. etcetc..

Its definitely not a panic situation but a hold for longer...
the management/directors now involved also should be able to bring in another one or two projects which could add similar potential..

Usually companies with a 12mill marketcap have some average like gold hits here and there with some more scratchy tenements..

The kamilombe is much much better than this..
They will simply have go drill another half dozen to dozen holes across kamilombe highly cobalt mineralised area.. while getting on with some smale scale mining to cover costs... no need to rush it overnight... within a yr they could end up with what shorttermers expected within 2mths..