cobalt, page-59

jumpstart
The DFS is related to the costs of production
and thus the profitability of the mine over its
life time.

The chinese are only interested in the product.
They have a guaranteed offtake agreement at a
discount for years to come the details of the
deal are still a mystery?
But I believe it is at a reasonable discount!
Why would the cost of production be of any concern? The buy price is linked to other factors not production costs.

Contrary to popular opinion the Chinese are not interested
in the short or medium term SP, dividends or otherwise.
If in the short term the the Co does not make $billions
and no dividends are paid who cares?
They are interested in a 10 to 20 year time scale
by that time the "deal" negates any short term gain
in the SP they win even if the SP sits at $1.50 for
the next 10 years.
Their investments are made for the long term
I am sure they saw lots of info that the shareholders
have not it largely depends on what bits they were
interested in.

Time will tell
GLA