In the quarterly they mention about looking for new projects...

In the quarterly they mention about looking for new projects still. I wonder if they are looking for a more advanced project in the EV space whether it be Li, Co or zinc?

I see CTM acquired a new Nickel-Cobalt project today which saw the SP jump.

Proceeds from the Placement were to fund:  
Initial assessment of the Arunta Lithium‐Cobalt Project in Northern Territory

Continuing advancement of exploration activities at the Kroussou Zinc‐Lead Project in  **on
  
Support ongoing exploration activities on the company’s other base metals project in the  Northern Territory, the Lawnhill Zinc‐Copper‐Cobalt Project

General working capital, including evaluation of new project opportunities