US Cobalt Acquisition, page-9

First Cobalt Acquires Property Near Caswell Mine 8/12/17

First Cobalt Acquires Property Near Silver Banner 5/1/18

First Cobalt Announces Friendly Acquisition of US Cobalt today.

that's a bit. what next? do we really need any more land ?

another 80 odd million from today estimate? looking at the us cobalt stock on issue . there a similar price.
us cobalt 67 million shares and 17 million warrants not sure how up to date that is .

so now we are looking at around 320 mill stock.

just pointing it out.
there is a point were there is too much land and not been able to explore it all properly I'm sure many could name stocks that stockpiled land and got no where for coal and iron ore uranium etc . we need to focus more and more on exploration and finding a deposit to mine and getting revnue. what price will next capital raising be at? and how much stock ....
ideally we don't need another consolidation down the track Is what most shareholders would not want.


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84 million asx cdi

	Share Structure as of December 31, 2017
1	Shares Issued:	219,606,848
2	Warrants:	13,668,400
3	Options:	6,204,732
4	Fully Diluted:	239,479,980