CLA BOD stated they might be looking at other projects for use of cash
Perhaps as PG is suggesting here $400K spent to take out Ghecko's Block
could be worthwhile move
Agree a bit more strategic decision making may be warranted
Or is it that the BODs do not have confidence in long term future of Opowu Project with the highly likely increase in Cobalt Price as EV/ Batt. Revolution builds up ?
Or is there another agenda that is not disclosed as yet?
To warrant spending $400k at 1.5c ie. $14M MC for extra 4% of $8m cash plus huge upside leverage to long term increase in cobalt price
Side benefits reduce dilution
Help stabilize the shareholder base
This is not meant to be a criticism of CLA's work to date
Just food for thought
I trust they will make the best decision
All IMO
CLA BOD stated they might be looking at other projects for use...
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