Well the fact of the matter is that Cobalt price is the absolute determining factor of project viability here... unless you think copper is going to go up 400% over the next few years?
They are still contemplating the release of an updated JORC, not that there is a huge reason to do so, given more of a non profitable resource still isn't that valuable at todays cobalt prices. I'm sure you'd rather see them just burn cash on more studies while the price is low and raise at 0.5C. No doubt you would still hold despite bagging the company 10x per week.
CLA Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
