Hi Svenson
I dont think this project would be viable as a pure cobalt play - it has always been talked about as a cobalt - sulphuric acid development prospect. It really needs some interest in an offtake for the pyrite or for the company to establish (with a partner) a sulphuric acid production facility. I think the original plan, and the reason I invested was for the mineral sands project to provide the cashflow to develop the cobalt-pyrite side of the business but it seems to be dragging along very slowly.
"Cobalt blue" Annual report 2016, page-6
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