Geez, you guys are really living in delusion land. Have a good look at the last cashflow statement.
You only have enough cash for one quarter left (June max) and then you will be broke without any cash infusion. The $600k plus that was sent to the DRC lawyer's office as a deposit for this purchase is as good as gone, whether you complete the deal or not (highly doubt it will be refundable).
So you basically have 4 months left (max) to survive or relist in Australia or UK, to raise some more capital, otherwise its administration.
CLA at least has about $8M to weathered this storm (cobalt downturn). You got about $70k left after the March quarter.
How are you going get to June and beyond if the price of cobalt prices remain low?
You need to wake up - no, its not a dream, its a nightmare!!!
WFE Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held