Ann: Positive Scoping Study Completed on Opuwo Cobalt Project, page-487

Speaking of perspective, the market reaction to this SS disaster presents a superb buying opportunity here.

Sure, the lack of metrics and the Board's amateur handling of IS214 implications is disappointing across several dimensions - and the market is now left without any clear catalysts to bet against (except a PFS in a year's time).  But the selling response will wash through in a few days and the stock will settle at a new normal.  And then management will set up some new catalysts (expanded resource, etc) and momentum is able to rebuild.

However, CLA is still an excellent cobalt vehicle.  It still has the best sulphide resource outside DRC.  CLA's share price will still respond positively to the next rally in cobalt prices - and given the market reaction to the SS, one can argue that an upwards price response will most likely be exaggerated. 

And for those curious (or skeptical) about the next cobalt rally, read this: https://viiicapital.frontline.ca/Reports/Reports_Viewer.aspx?ReportId=6hnV1f9Cte%2FpvlAcSB6G3A%3D%3D&ClientId=lfz2EIZkiYXiqDWygk4s1Q%3D%3D

Looks like cobalt is about to get its catalyst - and CLA's revival.