Agree with that, but that’s years away.This little company has close to ten million in the bank and the clock is ticking. If you are a major you can sit and wait which would be the best position to be in and decide accordingly. So many juniors have gone under as at the time they weren’t feasible. I am long a few cents above current levels but won’t average down till we hit much lower levels which I am sure will come.
If you want to buy the Immediate cobalt turnaround which won’t be so immediate one might as well buy Katanga which is backed by deep pockets Glencore.
The only silver lining would be a takeover.
CLA - Cobalt related news, page-2004
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