Cobalt Blue Holdings (ASX: COB) - That it's time we're aware
Matthew Gordon, Ptolemy Capital
10 Months ago
A conversation with Joe Kaderavek, CEO of Cobalt Blue Holdings (ASX: COB).
Following on from our conversation with Joe Kaderavek a few weeks ago, just out of surgery that moring, he tells us about Cobalt Blue Holdings and how the intend to find their place in the Cobalt market. Kaderavek is ex- Deutsche bank financier, head of resources, and is all too aware of project like this get funded and what they need in place to get it. We were impressed by his acumen, understanding of the market and the ability to articulate their business plan. And they continue to deliver on-time and on-schedule.
Cobalt Blue Holdings is a relatively advanced project. They have a pilot plant underway which is financed. Formed in 2016. Listed in 2017. Their Broken Hill project is main focus. It is a large but low-grade project. The management teams believes that if they can make this a sulphide project they can keep their capital costs low. 90% recovery and sulphur as by-product. Maybe they have something. The pilot plant is going to allow them to show the technical merit and more important that the economics of the project stand up.
Crux Investor is a new market insight channel for those interested in understanding the junior mining world and opportunities to invest. Its purpose is to cut through a lot of the jargon, bias and bluster that is prevalent in this sector and hone-in on the most important factors that can indicate whether a company has a strong footing for growth and success.
Get an insight into how institutional investors evaluate the natural resource market. Hear from some of the most influential and successful people in the industry about how they made money investing in public markets. Learn key strategies, tactics and questions to allow you to make better, informed, comparative assessments.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.