COB – Cobalt Blue Holdings Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.78

Low: 0.67

High: 0.9

Total Analysts: 1

Company Profile

Cobalt Blue Holdings Limited is an Australia-based exploration and project development company. The Company is focused on advancing and developing cobalt mining and refining operations in Australia. It is focused on the Broken Hill Cobalt Project in New South Wales. The Broken Hill Cobalt Project is located approximately 25 kilometers (km) southwest of Broken Hill, in far western New South Wales. The Project covers an area of approximately 37 square kilometers within a broader tenement holding of approximately 220 square kilometers. The Broken Hill Cobalt Project has seven tenement holdings, which include exploration license 6622 (EL 6622), exploration license 8143 (EL8143), mining lease 86 (ML 86) mining lease 87 (ML 87), exploration license 8891 (EL8891), exploration license 9139 (EL 9139) and exploration license 9254 (EL 9254). It supplies cobalt, a battery-ready product, for use in utility-scale renewable energy storage, for home energy storage systems, and electric vehicles.

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