VIA www.racing.com, Tom Biddington

Racing Victoria’s chief steward Terry Bailey expects the cobalt investigation into trainer Peter Moodyto be finalised this week.

Bailey, speaking on Racing.com’s Racing Ahead, believes his team will be in a position to lay charges, if required, within days.

“We’re another step closer, I’d be very surprised if we don’t have some developments this week,” Bailey said.

“The trial results we’ve been waiting on are through, Mr Moody, I understand is back in town this week so you can pretty much bank on some movement this week.

“Mr Moody gave us an explanation which may explain the elevated cobalt level and we’ve put that explanation to the test.

“Those trial test results came through on Friday which hopefully will put us in a position to move one way or another this week.”

Already three trainers – Danny O’Brien, Mark Kavanagh and father-son team Lee and Shannon Hope– as well as vet Tom Brennan, are facing cobalt-related charges but Bailey doesn’t know when those cases will be heard by the Racing Appeals and Disciplinary Board.

“In fairness to the members of the RAD Board, I think they’ve received about five or six very large folders of evidence that they have to obviously absorb before they can do their part of the job,” Bailey said.

“You can understand it’s going to take a little while for them to sift through all the evidence provided.”