for anyone interested in seeing what a scoping study looks like, have a look at Aeon Metals release yesterday - AML.
And the great irony of this is that when I quizzed BB some time ago (late 2017/early 2018) as to what a comparable deposit would be he gave me AML as an example.
AML's share price = 11c or 25% of it's peak in May 2018
CLA's share price = 1.5c or 6% of it's peak in May 2018.
one has been dealt the impact of commodity price crashing, one has been dealt the same + management EPIC FAILS (plural).
Compare the pair and note the difference. If our issues were purely Cobalt price-related we'd still be at 6c+/-. Unhappy, but bearable.
Down at 1.5c there is obviously something else amiss here and the market has spoken. So clearly we need some changes to take place, and it's not to do with the cobalt price!!
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