Only those with a short term view shrug at the cobalt market prospects. Getting cash flow sorted by starting the refinery is the right choice for this business, anything we put through it doubles in value and it's operating costs are cheap when measured against gross profit. Once operational, perhaps even by years end and surely no later than next year, FCC will have have the income needed to pay in full for very aggressive drilling campaigns at Idaho, Cobalt Camp and even enough left over for new aquisitions. It's a smart play and a buying opportunity as gamblers give up their holdings to chase their buzz fix during 2019.
Ann: Mineralisation in 150-metre Step Out Hole and Placement, page-6
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