I wouldn't be surprised if perhaps we get a little snippet of what's in the Scoping Study as alluded to in the previous update (electricity,water costs done, I believe) before the official release.
I also wouldn't be surprised if LME Cobalt price goes back to $50-$60k/t next few weeks, before the rise in late Q3/Q4 as most seem to be predicting.
The somewhat comforting notion is that they picked up Opuwo project when Cobalt was around $25k/t I believe.
The pullback in price will mean a lot of projects won't go ahead in my opinion
I still believe CLA will be in a favourable place/position, obviously higher the Cobalt price is the better as essentially we are tied to the Cobalt price.
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