COB 1.30% 7.8¢ cobalt blue holdings limited

Broken Hill global cobalt province., page-413

  1. 129 Posts.
    lightbulb Created with Sketch. 25

    I have to disagree as I find COB management to be rather good with their communication to shareholders. If you judge the competency of management based on the short term share price I can understand that you're disappointed as many of us participated in the 0.58 capital raise.

    COB have come a long way and most recently transitioned from an explorer to a miner. This requires a completely different approach compared to hiring contractors to drill holes in the ground (exploring) to sourcing and training new staff members that will be part of the company moving forward (hence the recruitment of a new HR role etc). They have completed the mining and concentrate process. Currently they are preparing the first large batch of MHP to prove the tech further and adjust for different requirements (part of partner discussions as each partner might require slightly different spec) and to collect data for the upcoming DFS.

    We're currently in the orphan period of the Lassonde Curve so hopefully not too long to go if all goes to plan.

    If we don't hear anything from management before the end of March I'd be a bit concerned as it's breaking the current pattern.

    I'd recommend that you view the most recent quarterly update again. GLTAH
 
watchlist Created with Sketch. Add COB (ASX) to my watchlist
(20min delay)
Last
7.8¢
Change
0.001(1.30%)
Mkt cap ! $32.89M
Open High Low Value Volume
7.6¢ 7.9¢ 7.6¢ $13.97K 179.0K

Buyers (Bids)

No. Vol. Price($)
2 28150 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 22222 1
View Market Depth
Last trade - 15.27pm 19/06/2024 (20 minute delay) ?
COB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.