COB cobalt blue holdings limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

  1. 51 Posts.
    lightbulb Created with Sketch. 8
    Yes, not looking good. They have moved the goal posts yet again.

    Construction to start towards end of year instead of now.

    The ongoing outlay should be low though; they only have to complete the engineering work which is just weeks away. It's listed as Q1 and management said end of last year, it's almost complete. This will also cap of the 2nd part of the license submission too.

    However, the endless "TESTING" is annoying. Its a worry. They keep doing it because they can't get any deals.

    Its really just getting SOME OFFTAKE DEALS DONE. Grants and financing can only come after that.
    Last edited by cobalt2025: 17/01/25
 
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