Cobalt Blue updated target is $2.78, or 4.6x upside., page-6

A bit strange the rise today. Would we have the same pattern as in Oct. when the SP rose before an Announcement ? Last week we got the great news about the excellent calcine and leaching phases tests results :“The key process steps have been validated”. That derisked the project further. Maybe the market is reacting a bit later than we thought.
We should get this month the Indicated resource upgrade, another important piece of the puzzle; then in April the results from testing HAV's 10 kg ore samples through COB's proprietary production process another potential source of income in the future if results are positive.
It is possible that some results are already known to some...Anyway after being in the 60 ies, COB moved into the 70 ies last week despite low volume. It looks likes someone was accumulating slowly.