A recently listed ASX company with a pure Cobalt play has begun trading at 21.0c. Their resource is defined at 0.17% Cobalt.
Although they are aiming for significant higher tonnage than AYR, I would like to make the comparison of our similar results thus far graded at 0.14% Cobalt (And historic sampling at 0.9%). We currently have a listing price of 0.006c.
The point I am trying to convey is that it is viable to mine Cobalt at these grades, especially when Cobalt is worth $47,000T.
When AYR receive the EM Survey results in now just 8 days and if it shows extensive mineralisation, I think the people invested in AYR, especially ones invested in a higher SP, should have some comfort that you did indeed wisely invest in AYR.
Hold tight and good luck to you all.
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