With the drilling going so very well, the next important step is...

With the drilling going so very well, the next important step is metallurgy.

This will also be a good test of AML management compared to it's peers.

After the very disappointingly put together PFS which featured unbelievably high costs and unrealistically poor cobalt recovery rates, we now have a yardstick of acceptable results provided by other Australian cobalt companies:

COB is another cobalt sulphide deposit. They have done some innovative work to get cobalt recovery at 88%.

CleanTeq is a laterite deposit. Their cobalt recovery is 93%

Similarly, Ardea is another laterite deposit with a recovery of 95%.

Significantly, all these recovery rates are about double what AML mgmt (wrongly) used in the PFS (yes, of course each deposit is different however AML wasn't remotely in the ballpark).

Is it too much to hope that mgmt learn from past mistakes and, instead of employing the same consultants and blindly following their recommendations, they look to the relevant local experience and IP that their Australian peers have developed and are already using?

This should be triple what it is now!