Ann: More strong Copper and Cobalt intercepts at Monwezi, page-7

$ in the kitty will be gone in 3 months time. That $10M hasn’t gone very far. I would have thought drilling in Africa, with local workers would have been a lot cheaper than Australia but it doesn’t seem to be the case with almost $5M planned expenditure this quarter and it being the wet season!

This company needs to sign some offtakes and create some value/hype before raising again at these prices. The cobalt space on the ASX knows nothing apart from hype.