Cobalt Blue Holdings Ltd (ASX:COB) has had its CEO Joe Kaderavek purchase over $20,000 worth of shares through on-market trades.
Kaderavek purchased the shares in his super fund taking his total holding to over 2.7 million shares.
Notably, Kaderavek is a chartered financial analyst (CFA), former resources portfolio manager and Deutsche Bank lead analyst.
READ: Cobalt Blue drilling targets resource upgrade and growth at Thackaringa
Yesterday, Cobalt Blue revealed that it had commenced the largest single drilling campaign to date at its flagship Thackaringa Cobalt Project near Broken Hill.
More than 15,000 metres will be drilled over the coming six months as part of a feasibility study with the primary aims of upgrading and growing cobalt resources.