Legit don’t understand what the market is worrying about. Mid 2020 has always been the date for a decision to mine.
I’ve been in since IPO and just bought more - this is crazy cheap prices - happened to ASX:GXY when they were getting started, then scaling production.
Remember, LG bought in at above $1. ($100m mkt cap).
Sure, the PFS was a little underwhelming, but IMO the mine life is going to see a significant bump to 15-20 years in the next 12 months as the resource is upgraded. It’s all part of the plan. COB management has significantly derisked this project already and knows what they are doing.
Also, Cobalt prices have bottomed as Katanga mining in DRC flooded market. Only upwards from here.
Legit don’t understand what the market is worrying about. Mid...
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Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $37.53M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.7¢ | $77.43K | 875.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27223 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.0¢ | 51000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.9¢ |
Change
-0.001 ( 1.11 %) |
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| Open | High | Low | Volume | ||
| 8.9¢ | 8.9¢ | 8.7¢ | 329294 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| COB (ASX) Chart |