CLA - Cobalt related news, page-1896

Understand your argument Binwood. To be candid, I don't believe it's appropriate to release SS on the initial JORC because the mining plan will be open pit located in the Western Zone IMO. Hence, releasing the SS on a previous underground mining plan would potentially mis-inform the market despite this based on the initial JORC (and BB still canvassing this option). I believe it is better to release the update SS based on the information to date, which includes the Western zone because this is will be pathway CLA will take IMO.

Certainly understand this point is controversial and has gathered debate but it is not plausible to present an outdated underground plan based on the initial JORC that will not be the path going forward IMO. CLA would have been punished anyway progressing down this path. IMO the market wants to know the future trajectory and BB will update the market once the information and data is obtained - drilling from the Western zone and updated JORC.

Nonetheless, Binwood there is no right way and we are merely debating our best options in a difficult situation. I value your post and welcome your thoughts. On this occasion, respectfully disagree.