One of the reasons to get a strategic investor with extensive history in Congo is to use it a security for the company. A 5.8 billion company which deals with cobalt in dcr through ongoing wars and corruption.
The warnings are appropriate but understand the strategy of the CEO - it is never about developing this mine to production. It is is about proving up the resource and then sell it on to the major players in the batter space - the chinese are locking away supply. Hence provided this keep delivering to jorc avz will be in the hands of a new owner at a hefty price.
