An ANN, news is the only thing that will support the share price.
Choice of:
Graphite,
Magnesite,
Cobalt,
Copper,
Barite,
Gold.
Yes I know it is an exploration company with a current MC of just under 17m and 177 m shares.
The historic chart looks like this. I never realised the share price got to 46 cents in early 2012.
I could ask if this is a lifestyle company for the directors but I won't.
What I want to know is more about the cobalt, is it in a laterite or sulphide. How close to the surface is the deposit if there is one.
Looking forward to news but I assume things take time.
Feeling pretty positive about the company but old hands might have a different opinion. 46 cents in 2012. What value was there in the company?
Needs a Joint venture IMO. Off take agreement.
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