Willc. those depth are not too onerous for an underground mine...

Willc.

those depth are not too onerous for an underground mine operation. even at 600 -700 meters. The deepest mines in Africa go down to 4,000 meters. But the Opuwu cobalt /Co bearing ore starts at the surface so tons and tons can be mined much shallower. To be honest we probably wont be around as shareholders when they are mining down to 600 m levels.

Its not the depth that determines whether its viable to mine its ultimately the price of the commodity to see if it justifies the expense. For that we are going to need a expectation for a higher cobalt average price over next decades. Which is there.

Thereafter its not just depth -an orebody is better if its thicker, wider, flatter lying and higher grades. On all those he's right, DRC grades etc are much higher. But Opuwo is in Nambia not dodgy DRC, which counts for a lot to a buyer. Opuwo is huge which counts for a lot, and Opuwo is available for sale -and at a fraction of the price of the DRCs big mines. (even at 30 cents a share) Opuwo can be more reliable, Opuwo is less rsiky to own, Opuwo can be set up properly by new buyer as a noted ethical cobalt producer which is aslo very important. etc etc...

But again the main thing is the price of cobalt. the resource is viableat the right price -the resource is huge-the country is solid-the demand for Co is solid and growing fast into the future. -the share price therefore needs the cobalt price to rise for it to rise or vice versa- exactly as we see.

ClA is almost like a huge and high geared warrant on the cobalt price. Which long term is not a bad thing to hold.