Good luck Brent, i think ill leave it if only AUD 600,000 cash and 4 mill to spend thats at least 100 mill more shares they need to issue to pay for it. -if they get hartleys to do it theyll be stuck in the mud like we werew for months.
im just thinking they should probably play out like an option on CLA and at 5 cents its better gearing then CLAO. But that would only happen till the divergence when CLA will keep going up and CAZ should stall for a while if overpriced and nothing but hope.
So think ill just stick with the main story I know..
yes Binwood your right of course - theres no real reason for CLA to buy -(unless they hot the feeder zone!) I also figure were gonna have enough cobalt to mine for the rest of our lifetimes-or till we choose to exit...even with a at 2mtpa plant.
and yes Rastus - Canncord calling average price on Cobalt at 105,000 a ton till 2025 is strong news. It got buried by my Caz question
PS: on Jorc front I only heard from someone in Europe who saw one of BB's presentations there last week that he'd heard it should be out "first week of April". So I 'm thinking today or tomorrow. Anyway Looks like my 13.5's aren't gona get hit even with the delay. So now I'm on horns of dilema -should I step up to 14 and increase my average price again...ouch? or just let it ride?
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