Why ouch - it’s an excellent update detailing the process required for asx approval. We will be trading once all formalities are concluded. In the meantime it enables the company to continue progrecc on the critical items like finalising tailing and ore feeder source, preparing the relevant drilling programs and potentially advancing offtake finance discussions. It also enables the market to ride the seasonal cobalt price decrease as the 4th quarter is when larger contracts are traditionally negotiated.
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- Ann: DRC Cobalt Production Acquisitions Update
Ann: DRC Cobalt Production Acquisitions Update, page-22
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