(MENAFN- ABN Newswire)
Investor Presentation Quarter 1 2018 Sydney, Feb 20, 2018 AEST (ABN Newswire) - Cobalt Blue Holdings Limited () provides the Company's Investor Presentation for Quarter 1, 2018.
COB - World Class Integrated Cobalt Refinery
- Top 5 global cobalt supplier -20,000tpa cobalt sulphate with >20 year life
- Thackaringa -natural advantage -cobalt + sulphur
- COB -only primary cobalt play listed on ASX
- Australia -safe and secure jurisdiction
Share Catalysts:
- 1 month -First cobalt sulphate samples shipped
- 1 month -Tighter Resource Definition
- 4 months -Pre Feasibility Study -introduce Thackaringa as a world class asset
- 16 months -Bankable Feasibility Study
COBALT BLUE ASPIRES TO BE A TOP 5 GLOBAL PRODUCER
Cobalt Blue Achievements
1. IPO February 2017
2. Scoping Study January -June 2017 showed positive project potential (not released to market)
- Drilled 22 diamond holes, and 38 RC holes for 12,000 m
- Upgraded resource to 54.9Mt at 900 ppm Cobalt = 50,000 t Co
3. Commenced Pre-Feasibility Study August 2017 - due June 2018
- Drilling 13,000 m
- Upgraded resource due Q1 2018
- Metallurgical testwork demonstrating high cobalt recoveries
To view the full presentation, please visit:
About Cobalt Blue Holdings Limited
() is an exploration company focussed on green energy technology and a strategy of fast-tracking development of the Thackaringa Cobalt Project in New South Wales to achieve commercial production of cobalt. This strategic metal is in strong demand for new generation batteries, particularly lithium-ion batteries now widely used in clean energy systems.
COB has entered into a farm-in joint venture agreement with Broken Hill Prospecting Limited ('BPL) in which COB seeks to acquire an initial 51% interest in the Thackaringa Cobalt Project. COB will undertake exploration and development programs on the Thackaringa Cobalt Project and, subject to the achievement of milestones, will acquire 100% of the Thackaringa Cobalt Project.
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