$WFE easily a #global #Top 10 producer of #cobalt and IMO will grow into a global Top 5 producer !
More important $CLQ (MC 1.3 bn) needs AUD 1.5 bil to produce 5000 tons of cobalt 2021.
WFE needs .1% of this or 15 mil to produce 4000 tons now.
IMO cashflow & no capex make $WFE a massive winner & huge rerate to >10c a share.
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- Ann: Binding Heads of Agreement - Cobalt Production Facility JV
Ann: Binding Heads of Agreement - Cobalt Production Facility JV, page-178
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