What would 78mt at 2% Copper and 0.6% cobalt be worth?, page-90

Well said Novac.

That first drill hole has 35 m of 3% Cobalt , plus good grades of Copper. There just isn't another ASX listed Cobalt stock with grades like that over significant widths. Market is about to wake up. I'm expecting to see .30c again next week! Compare CLA in Namibia, they have grades of around 1.3% Cobalt and average widths of about 7m.

Not too concerned about the Cobalt price coming off, all metals have been pushed down recently on concerns over Trumps trade tariffs hitting global growth and demand. Demand for EV's is only going to grow in future years and no real replacement for Cobalt anytime soon!

So TAR will have about $3.75 Million cash at bank by middle of July.

Only 136 million shares on issue with top 20 holding about 70% of shares.

2 drill rigs operating currently to fast track due diligence drilling.

Due diligence to be completed by 1/9/18 (6 month period).

Multiple assay results from drilling pending.

Strategic Investor Mr Raymond Liu has indicated he will negotiate off take agreements in China for TAR. He has suggested in tweets we are looking at 200,000 tonnes of contained Cobalt. That has in ground valuation of US$14 Billion using current Cobalt price of US$71,500.

Possibility of TAR moving to small scale shallow high grade Artisanal Cobalt mining in coming months.

TAR - MC = $31 Million @ .23c

WFE - MC = $58 Million ( can't wait to compare their Cobalt acquisition with TAR).