At this point we all now know CLA will move forward into a full scale mining operation in some form or another. That means onsite primary and secondary processing.
CLA has also talked opening about further refining the Cobolt into battery ready Cobolt-Sulphate in Namibia itself so that will increase the value substantially.
Assuming CAZ actually has some goods onsite at the very lease we should see at least some collaboration with CLA for further processing and mining logistics support.
More intriguing would be a some sort of merger and yes there will be some big players jumping onto Namibian Cobolt plays so who knows how this will play out.
I don't think it will happen at least for 12 months. Both sides are going to be pretty tied up getting their own houses in order
CAZ Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
