COB 1.11% 8.9¢ cobalt blue holdings limited

Personally I’d like to see some more product from the demo...

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    Personally I’d like to see some more product from the demo plant, so far we have seen plenty of sulphur but only half a foil tray of cobalt product. The original plan was 3000kg of cobalt hydroxide and or sulphate.

    We are told they have successfully produced samples and in the video it was mentioned small and larger and they could switch the plant off now.

    They are choosing to spend another 1.5 mill to process alternative feed for data for the refinery which makes sense and is a good strategy.

    However it leaves me wandering why are we not seeing this 3000 kg originally proposed, surely a visual of buckets of hydroxide and sulphate would be a big confidence builder for shareholders.


    https://hotcopper.com.au/data/attachments/5506/5506025-8b3bd12fa90168463f5e0d4e2394c787.jpg
 
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