Well that seems an overreaction, page-46

The beauty about AOU is they have a lot of prior drill data from the copper exploration ($30million worth apparently) which they have used to map out the potential cobalt resource. They've got so much data they were able to do a 3D model.

The 4 holes are really deep btw this isnt your typical exploration stage which juniors take, usually juniors do the spray and pray shallow holes approach because they have very little data.

What we have here is a rare situation where we can accurately pin point where to drill deep to get the most useful information for grades and size.

The only information we need from these 4 deep holes are the following:
- To prove the viability of the 3D Model (so far 80% of the model is accurate, we hit a void in part of the 1st one)... TICK
- Prove there is cobalt... TICK
- Prove the potential size ... TICK (all deep holes)
- Grades for cobalt ... PENDING (lab results soon)

It is quite exciting knowing that if grades prove to be reasonable that literally this project will be world class as every other criteria has been ticked already.

Production criteria that this company has already covered as well.
- Great location = less transport costs/easier to JV with manufacturers closeby
- Existing mine infrastructure = (less start up costs)
- Existing waste dumps = can start production some stuff asap
- Might have Gold/Copper as well
- Cashed up
- Low shares on issue (plus management and top 20 hold alot of shares on issue)
- 2 other projects (zinc/lithium)

I am just hoping that I can buy more before it goes up.