For comparisons COB released an updated JORC upgrade recently. 74mT @ 0.09% with contained 61kt Co. Their shares was not sold down.
Valuation wise fully diluted currently sits around $170m. A phase more advanced than CLA. However CLA is making rapid progress.
COBs project is sulphide as well so for good comparisons to CLA.
COB has a strategic and very good partner in LG for such an early stage company. This indicates and validates that global battery majors are pursuing early stage exploration with indicative Cobalt resource potential. I have with the utmost confidence that CLA can lock in a strategic partner after positive SS results.
I note COB has three deposits which are not contigous.
I believe CLA is one big deposit of significant strike and to be further expanded via exploration.
There is significant upside in comparisons to CLA and the broader cobalt sector
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