I understand folks from the deep cobalt days are "p$ssed off" however, everyone needs to realise this is now a shell, cobalt dreams are "dead, buried and cremated".
A cheap bargain based shell with $2m cash about to announce a goldie with an MD who is a gold dude...…..I think its just so exciting, but the more people talk about cobalt the less excitement is generated as the market doesn't realise what's coming and focuses on what the old company did.
Im thinking a change of name to go with the project, 75% new board, new chair everything......I think that's where its at.
I understand people have to sell but I wonder who is buying these cheap shares? We are close to the low (perhaps touch 0.006) but then it goes green with the new project. At $3.9m m/c its easy with a half decent project to be a $20m m/c.
Its never been a more exciting time to be involved in this shell, to paraphrase our former prime minister.
imo
MEI Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
