COB 4.71% 8.9¢ cobalt blue holdings limited

Ann: Potential Project Financing, page-20

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  1. 342 Posts.
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    Interesting comment "expectation of a longer mine life" even at 13 years from a preliminary feasibility report shareholders should not be disappointed as further drilling and inferred resources will undoubtedly increase this. I think a lot of shareholders are a bit short sighted and have concentrated on a quick capital gain, so why are they worried about a longer mine life? they are effectively out of the market. All that has been presented and reported by the company is in accord with the time table. The BFS is due 30 June 2019 and a decision to mine will then be made. Did these short sighted shareholders expect as a result of the PFS the company was going to mine the next day?
 
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