Having pocketed my initial Co profits last week, I didn't think that spec play was done. To get back up to speed I was scanning through the COB:ASX, Cobalt Blue's (disclosure: no holding) presentation released at lunch today. On p. 6 of their latest presentation MLX appears with a large green ball representing a laterite Co ore body.
Sn is being produced, and it's a winner. Co is there, combine that with MLX'x established producer status and perhaps, just maybe, the potential to economically extract Co long before others is a real possibility. I must admit I haven't looked into what/how MLX will exploit the Co, but I am more than intrigued.
OV
MLX Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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