guys i dont want to rain on your parade, but COB is currently a...

guys i dont want to rain on your parade, but COB is currently a stand out Co in a sector anf one of a very few where most are crash and burns. Apart from COB/AUZ/CLA/CLQ/NZC which have all done years of work are proven to be large with good enough grades - most the 30 other cobalt players on asx are just not gonna make it. There are also several much better specs situations than AOA - for example look at BMT with good proven prospective tenements in SWeden, plus 4.5 mill cash on hand and yet capped at only 6 mil.

AOA with almost 500 mill shares already fully diluted, less than 1 mill cash and with 3 completely unpoven plots of dirt-Why on earth should it be capped at 10 mill today Its just hype.

ITS not yet "a cobalt play" as you talk of , its just speculation again that something viable might be there under the ground-like most other shells

now dont get me wrong if drill holes are done, and if they hit some decent grade sulphide hosted cobalt in decent size, (not just a hole or to or a rock chip sample or two) and if management can proove they know about cobalt exploration/mining, and if another 2-3 million is raised (another 100-150 mill shares out) then maybe it can go to 25 mill cap before further work needed. -thats 3-4 cents a share.

im considering buying back in having sold at 1.2 - but i think anything over cents is way speculatively overvalued. 1.5 or under is currently worth the punt just as a play on hype.

Anyway good luck to you holders I hope im wrong and you all make a lot - i hope it goes to 10 cents for you. but remember when the music stops and the fundamentals dont stack up........