Performance history is a powerful indicator unfortunately, for...

Performance history is a powerful indicator unfortunately, for better, and for worse.

Look at the original acqusition of Kosombo now owned between CFE/FEL. Buzzwords galore and floating XRF readings of 3%+ cobalt etc which would never actually ever be in a commercial quantity... XRF readings are like rock chips, incentive to pick the areas you can see mineralisation to make things look as good as possible but in reality nothing ever comes back that high in scale.

Fast forward and you're look at 0.10% - 0.22% cobalt in actually trenching. Now thats really not horrible, better than most in Aus, however a longshot from what was initially paraded.

Id imagine you're about to see similar XRF grade claims in WFE tenements. People will again think that drilling/trenching will result in similar grades, which they wont.