Ann: Multiple large exploration targets identified at Thackaringa, page-29

A great result for an outstanding company. My feeling now is that COB will be targeting a A$100m MC within the next 6 months. This will put the SP at around A$1.00. Fantasy you might say but a particular Li company did a CR at 1cps and within ONE MONTH it was > 5cps. All we are asking for is a mere 3 times for COB which is well within the realms of possibility. Also if the Co price moves from its current price of US$64,000/t towards US$100,000/t then I suspect an even stronger move. After all COB is the only ethical Co company on the ASX with a JORC R&R of 50,000 tonnes Co and a sulphide NOT laterite deposit. It has everything in its favour!