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[The Next Small Cap](
[The Next Small Cap](
[Australian Cobalt Explorer Set to Drill Any Day Now](
With cobalt gaining increasing global attention, and over 40% of cobalt demand coming from the battery market, itâs a particularly good time for an astute explorer to be entering highly prospective ground that could potentially meet future demand.
Itâs also a smart play to be exploring in a region that isnât the DRC, which so far has supplied much of the worldâs cobalt but carries with it political and social stigma which is forcing buyers to rethink their supply strategy.
One ASX listed cobalt explorer has a project showing all the geological similarities of DRC, but is located in the very safe haven of Western Australia and is about to start drilling any day now.
If historical drill results are anything to go by, the companyâs flagship cobalt project could potentially be unmatched in terms of both scale and grade in Australia.
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With $3.6 million in the bank, this company is well-funded to conduct its imminent drilling at a time when the market is positively re-rating junior exploration companies in the sector.
If RIRâs suspicions are correct it has real potential to bring much needed supply to the market.
The information in this email should not be the only trigger for your investment decision. Click on the link below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.
With its maiden drilling program set to get underway any day now, we can expect plenty of significant newsflow to follow as the company looks to leverage the positive sentiment currently surrounding the cobalt market.
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S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of Longhou Capital Markets Pty Ltd (AFSL No. 292464). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
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