Recent cap raising was heavily oversubscribed bring in $3,400,000 and received firm commitments from its Broker & Corporate Advisor and long term supporter - CPS Capital Group Pty Ltd. Significant participation from current shareholders and new High Net Worth and Institutional investors from Hong Kong, Singapore and Australia. The company now has great working capital to fund its drilling campaign and deliver 4 Jorcs by the end of the year in my opinion .
Drilling out unmined working sections at Cangai Copper Cobalt mine particularly to reveal more Supergene ore and expand the current resource ([email protected]%cu) is paramount.
Imo a big rerate is on the way and with CPS and other insto support floating around it may be sooner than we think .
Ann: High-Grade Cobalt Surface Mineralisation at Broken Hill, page-23
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