Rcowell
Those cobalt trenching results are pretty special and given the DRC produces around 2/3 of the world’s cobalt I’d say you could be in a lot worse places to punt on early stage cobalt prospects that might be commercial than the DRC and a project with those results...
They have the cash they need for the moment as outlined in the announcement with insiders taking it all but I’d say the MC could go anywhere with this and it looks like a lot more projects could be added into this over the next 12 months under Glasson and Eckhof.
Put it this way, if you we speculating on cobalt you’d wanna be in he DRC, then these two blokes have the runs on the board to deliver there.. so it’s pretty oversold from the peak on Thursday and I reckon there is a fair bit of interest in this one so keep an eye on it
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