MLS metals australia ltd

MARKET HASN'T REALIZED MLS COBALT. Case 1: E2E. Two days ago E2E...

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    MARKET HASN'T REALIZED MLS COBALT.

    Case 1: E2E.
    Two days ago E2E Ann. related to E2e's cobalt project with 2 main points:
    1. Acquired Cobalt in Nevada.
    2. The cost of acquire to date has been regulatory cost and travel costs for Geologists (estimates under US$15,000).
    DOB's initial budget for exploration is US$50,000 which includes Mapping, Sampling, Assaying.

    E2e SP from 0.9c hit 2.2c.

    @ MLS'S Lac Le Marcheur Cobalt Project in Canada:
    1. Confirm the presence of Cobalt mineralization.
    2. Broader mapping , prospecting of historic Copper-Cobalt, Nickel-Cobalt shows, historic exploration pits was completed.
    3. Sample historical result identified cobalt mineralization of 0.18% cobalt, 0.23% copper, 0.34% nickel.
    4. Assaying result from sample 128478 returned : 2,360 PPM Cobalt , 2,700 ppm Copper, 1,790 ppm Nickel. (select chip sample) ......
    MARKET SHOULD REALIZE THIS.

    Case 2: WFE.

    Today WFE cobalt Ann.
    SP from 0.6c to 1.7 c up 183.3%.
    Key point: WFE engages Airguide International as its Strategic Advisor .

    This involves end user off-take , funding..

    @ MLS did mention negotiations with end user , COBALT acquisition... in few months ago report. MLS 's BOD been working hard on this. Waiting for the news.

    Good results might see MLS SP, like WFE or better, 250% up. Times come, anything can happen.
    MARKET SHOULD REALIZE THIS.

    Cheers.
    Last edited by Petertkd: 21/03/18
 
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