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  • 10 years later...

now is Cobalt Blue Holdings Ltd (ASX: COB) - drilling WSW of Broken Hill, at Thackaringa:-


- up 50% with "Railway Drilling Program Confirms Grade Continuity "


assays boost the potential for significant enhancement of Mineral Resource


supporting the transition from an Inferred to an Indicated Resource,


in line with COB's parallel Pre Feasibility Study



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  • 3 months later...

Nice ann this morning - >

Cobalt Blue is proud to announce a strategic First Mover partnership with

LG International (LGI), the resources investment arm of LG Corporation,

acting in cooperation with LG Chem.


LG Chem is one of the largest lithium ion battery makers in the world. LG

Chem possesses strong technical leadership in the development of next

generation batteries, in particular for fixed storage and Electric Vehicles

(EVs). LG Chem is one of the leading EV battery makers globally.


Under the First Mover partnership LG will provide capital and technical

assistance for Cobalt Blue to make a high purity battery grade cobalt



Cobalt Blue has executed a binding term sheet with LGI to raise gross

proceeds of US$6.0m with the transaction to be completed by Monday

16 April 2018, subject to the requirements of the ASX Listing Rules and

Corporations Act 2001 (Cth). COB will issue shares at A$1.10 per share

(representing a 15% premium to the 30-day VWAP of A$0.954) for the

number of shares equivalent to the USD/AUD conversion on the day

when the funds are received in COBÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s nominated bank account. A

maximum of 14,000,000 shares may be issued, as approved on 25

January 2018 by COB's members


PS - wish the moderators would update the COB code/company name changes


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  • 4 months later...

Cobalt Blue CEO on Business Strategy, Cobalt Prices, Supply Crunch

Aug.07 -- Joe Kaderavek, chief executive officer at Cobalt Blue Holdings, discusses the current state of his business, how important the Democratic Republic of Congo is to his company, the price of cobalt, where he sees prices heading and a possible supply crunch. He speaks on Bloomberg Markets: Asia."


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