wasn't there a blue ocean analyst report that said they are...

wasn't there a blue ocean analyst report that said they are potentially worth $1.2b?

I guess obviously its all contingent on x y z happening..

but I think the market has truly misunderstood if they are taking profits here (unless they are daytrading and rolling into SEI/RLC/PNN etc).

1. it is the only pure play asx listed cobalt player
2. no country risk in that it is operating in Australia only
3. significantly undervalued relative to AUZ/CLQ with potential for upside to current resource estimate ~100m relative to 400-800m for AUZ/CLQ respectively

DYOR and do not give in to market forces. this could easily be a multibagger in 2018.