@apkjm ........"Thanks
@ozblue Always good to keep up to date with the Cobalt prices , especially when your not investing in Cobalt plays ! Hey quick question , why do you only post these articles on the WFE , out of all the ASX listed Cobalt plays , why just here Oz ?"
I've been 'interested' in WFE since I first heard about the deal around April/May last year, and was part of a conference call with JB in late June 2018.
The more I researched, especially the MC of the fully diluted company, the less interested I became in taking part. I just don't see multiple bags of upside in the SP.
I thought it was a worthwhile project, while prices were high, though with cobalt prices having crashed since WFE went into suspension, it is a lot less worthwhile than it was. Plus it has taken a lot longer to come to fruition than anyone expected.
So why do I post here instead of other cobalt plays? Basically (apart from the one I briefly owned then dumped), it is because I have done a lot more research on every aspect of this company/deal etc, so I became interested. I have not followed other junior cobalt plays, so I'm not interested in them.
Did you notice in the recent announcement how the company is now commencing to take bulk samples for metallurgical sampling??
Would this not mean a few more months at least before operation.
