CLA - Cobalt related news, page-2345

kreno Gheko have their own cash flow issues just now , its not about CLA its about a their cash shortage from some other businesses/jobs going pear shaped.. also Kobus Schmit their bilionaire founder who normally supported them via genett mining and his own deep pockets is 70 something and retiring from the minning game to run his feather bed safari resorts. he wants to sell off his minning assets so they also now have no backstop when they get caught between cashflows shortages like before.

Its not an indictment of CLA its just they are in a hole from another business and need cash so are selling any assets they can to raise it. if they could sell NRE next door they would if they could sell the other expoloration licences they would etc etc...