Carabella Res Ltd Nsw CBLLF

Spoke to Anson and KBLT, Read 4 Seperate reports and it'deal

[abrahaminc]

Hello, I have taken the time to research the deal. Spoke to Anson and Cobalt 27, reviewed the reports From Eight Capital, RBC, TD and Numis. The deal values the Physical Cobalt at $16-18 a pound and the Voisey Bay Stream at around $20 Future Value. The market is undervaluing Nickel 28 and maybe pricing in the deal not going through. I have purchased as much stock as I can and hope that the deal goes through because of the easy entry into Nickel 28 and would use any cash to purchase additional Nickel 28 stock at current prices. I think the deal not going through is risky because it could tank the stock. Alternative Scenario is the stock is bouyed by the deal not going through and rises but it's hard to know to what extent and where it goes after that decision. Cash is always King, $3.57 cash +stock in hand is better than todays low of $ 3.76 The take over terms for management were pre existing as a part of their employment contracts and not laid out for this takeover specifically, so that's hard to fault. Highly recommend everybody votes 'Yes'. Given the current market state it's a good deal. All the best. Thank you