I've bought more this morning too for the simple reason that this is not how a resource of this scale ends.
There is a lot more cobalt to be found here yet IMO with so much more of the story to develop.
The scale alone will make this more viable than smaller deposits with similar grades, and like the western zone has highlighted, any higher grades on huge scale that is easily accessible will demand market attention in time.
I see a lot of potential upside for the project with a current enterprise value of sub AU$40m.
It is unloved this week but will be loved again before long I'm sure.
I've bought more this morning too for the simple reason that...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.13M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $10.45K | 950.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3329318 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6027751 | 9 |
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| Last trade - 10.51am 04/12/2024 (20 minute delay) ? |
| CLA (ASX) Chart |
