Best cobalt/copper play in asx is AML by miles ... bell potter...

Best cobalt/copper play in asx is AML by miles ...
bell potter latest update gives price target 60c while we are trading @ mid 10s right now ..

Investment thesis – Speculative Buy, valuation $0.60/sh
The completion of the PFS and the calculation of a maiden Ore Reserve should be key positive catalysts for AML. This should re-focus the market’s attention on the only advanced copper-cobalt asset in Australia. With AML combining two key input commodities for renewable energy generation and Electric Vehicles in a Tier 1 mining jurisdiction offering security of tenure and ethical supply, we view the risk-reward balance as compelling. Our valuation is lowered 6% to $0.60. Speculative Buy retained.