This company could be about to play massive catchup with some of the other ASX listed cobalt plays. RIE mkt cap is about $25m vs EUC $170m.
Huge value coming from only one high grade ‘pipe’, what if the 11 targets they mention are the same? - we are talking billions of dollars.
They say still have majority of tenement area to test - only 5% has been looked at to date by JV partner.
Going to be an interesting times ahead for these guys.
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- $400 million in value from single ‘ore’ pipe - 95% area still to be tested
This company could be about to play massive catchup with some of...
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