I don't think we can hide from the facts here and no doubt the new placement investors are very confident. From previous announcements- "Although theNiton XRF analyser is unable to quantify Cu or Co grades in drill core, it gives an indicationof where mineralisation can be expected. Niton analysis together with visible heterogenite(cobalt) and malachite (copper) confirmed anomalous mineralisation at similar intervals to KBGU18 throughout the drill core, which was tested down to 200m." "Early drilling suggests the geology described previously by KCC/Gecamines will be repeated in all 4 planned drill holes. This will allow the Company to create a 3D lithological model using historical drilling data which will assist in future planning and modelling" Channel results at Mwilu-0.7m at 16.2% Co (northern exposure) 1m at 3.89% Co (southern exposure)2m at 4.81% Co (southern exposure) & quot;The Company, accompanied by Mr Rhett Brans, recently conducted a site visit to evaluate the potential for an early small scale mining operation at Mwilu where artisanal miners are recovering high grade cobalt from surface. Mr Brans was a previous Director of Tiger Resources who developed the Kipoi Copper Project in DRC and has extensive experience in project development. Indications are that potentially mineralised R2 Mines Series lithologies are exposed at surface over a strike length of at least 3km with widths estimated at between 5 and 10 metres." A whole bunch of performance shared issued but Mark Gasson's are all at $0.30, $0.40 and $0.50. I think a Director of his calibre would have little interest in a performance package if he could not meet those hurdles. First right of refusal on additional high-grade cobalt projects held by the GOVT of Lualaba province and Mint Master and Construction SARL. Exciting times ahead.
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