@The Avenger you made the claim they have stated "will produce 4,000-4,500tpa cobalt".
I have stated that is totally wrong.
What a plant is capable of and what it actually produces are 2 separate things. Your 'claim' of what the company will produce is false, they have NEVER claimed it at all.
There are some idle Nickel processing plants in WA that are capable of producing tens of thousands of tonnes of nickel, providing you feed them 8-10% ore feed. The reason they are idle is that they can't get that grade, and the lower grades available are not profitable.
Until shareholders here are told of the contracts for ore supply, it will be impossible to work out what the processing plant will produce. So far, despite many months in suspension, there are no contracts for ore supply.
I hope for share holders sake that changes very soon.
WFE Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held