Ann: Acquisition of Cobalt-Copper Project, page-21

Hi!
A quick backgrounder on DLC

To take a step back for moment, DLC’s background is in the retail space. It owns a wholesale business distributing adult products and lingerie which is still in operation and generating revenue.
However, adopting a diversified strategy made sense for the company as it can broaden its revenue base, potentially grow its revenues quicker and possibly re-rate it from its current low market cap of just $4.4 million.
Suffice to say there are high expectations for this cobalt play.
With this cobalt play, there are a few outcomes DLC might have in mind at it looks to diversify the business. The first might be to sell the existing wholesale business and keep DLC as a mining play. A second option might be to spin off its metals plays and interests into a separate entity, thus leaving the Delecta name to continue its wholesale business.
https://www.nextsmallcap.com/asx-mi...endowed-nevada-hot-spot-exploration-imminent/
was already here to read, but nice thoughts!
it could come in the near future to other great news ........
wish you all a great weekend!