Metallurgy is next test of mgmt and SP, page-6

From today's Quarterly Activities Report...sounds like a buy to me

The Company is also progressing a Feasibility Study for the mining and processing of both the Copper Lode and Cobalt Peripheral Resources. The Study is refining metallurgical process parameters set out in the 18 April 2017 Cobalt Roasting Scoping Study, which includes a concentrator to produce separate copper and lead concentrates, and a roaster to produce a cobalt rich calcine, sulphuric acid and possibly zinc and silver. This testwork program has been designed by engineering consultant Wood PLC and commenced in February 2018 with the delivery of 1.6 tonnes of material derived from the 2017 drilling program to ALS in Burnie. The roasting and cobalt calcine leaching phases are being conducted by
Outotec at facilities in Germany and Finland respectively.

With the improved grades and tonnages of mineralisation in the high-grade Copper Lode Resource and the Cobalt Peripheral Resource, feasibility work is proceeding on the basis of a mining rate of 1.25mtpa over a minimum 15-year period.

The Company is confident that additional discoveries along strike will add significant Resources. To
accommodate future expansion of the facilities, the plant and infrastructure are being designed for modular expansion.