Cobalt is too obvious and compelling for any fund not to...

Cobalt is too obvious and compelling for any fund not to consider. To overlook it would likely lead to questions down the track as to why from management. EVs are a major economic shift and any fund pays a lot of attention to those as they are rare.

It is interesting to visually picture all those thousands of analysts right now pouring over reports, data and stocks from funds controlling billions of dollars reviewing cobalt (and other battery metals) opportunities. AUZ would be on the list plus other Aussie plays. What is a $10 mill investment to them? Loose change. Thousands of funds chasing limited opportunities in a "must participate" trend creates major weight of money pressure over time. We have seen a taste of this with the $20 mill raised. Many would be setting targets for exposure at the moment that when accumulated would dwarf the opportunities out there.