Cobalt Blue Holdings receives major vote of confidence from shareholders
The option was issued on a 1 for 4 share basis under the IPO.
Company
ASX:COB
Cobalt Blue is a minerals processing and mining company with interests in cobalt, nickel, copper, zinc, silver and sulphur. The company's critical minerals strategy focuses on building mid-stream processing capabilities in Australia and diversifying supply chains among like-minded countries.
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The option was issued on a 1 for 4 share basis under the IPO.
More drilling results will flow through in coming weeks.
Cobalt Blue is set to increase exploration news flow in coming months.
China processes over 50% of the world’s cobalt into intermediates and physical metal.
Cobalt Blue’s flagship Thackaringa Cobalt Project is located near Broken Hill.
Upcoming share catalysts include the resource upgrade.
Joe Kaderavek outlined resource growth strategy to investors.
Find out more from Joe Kaderavek at Proactive's CEO Sessions.
Find out more from Todd Hibberd at Proactive's CEO Sessions.
Find out more from Andrew McLellan at Proactive's CEO Sessions.
Impact sees cobalt potential at its Broken Hill project.
Cobalt Blue is trading 65% higher than its IPO price since listing in February.
The project is located in a highly prospective area for cobalt.
Upcoming catalysts include drilling, metallurgical and engineering studies.
Cobalt Blue has received a notice of substantial holder.
Cobalt Blue Holdings (ASX:COB) has commenced trading today on the ASX trading to an intra-day high of $0.28 during the morning session.
Cobalt is a necessary metal for the production of lithium-ion batteries.
Cobalt Blue Holdings (Proposed ASX:COB) continues on its path to listing on the Australian Securities Exchange. The company will be focused on the Thackaringa Cobalt Project, which is strategically located 23 kilometres south-west of the wo
Cobalt Blue Holdings plans to list in December 2016.
The company is raising up to $10M and will be the only pure cobalt play on the ASX.