Ann: Jervois commences US Govt funded resource drilling, page-7

Bryce Croker would feel like Undertaker right now - he blew up the capital structure and didn't even manage to get much out of any of the 4 assets in return.

USG support has given him a new lease on life:

US Govt funding ICO for proving up more resources

US Govt funding BFS for a greenfield Cobalt refinery on US soil that will be fed from ICO

USG to likely fund the refinery (similar to Lynas) - Lot of cobalt needed in those hi-tech weapons

Election in Nov 24 mean all funding needs to be allocated within few months

China's Graphite curb provides politicians with "more political bang for their tax payer funded buck"

Last but not the least - The plummeting prices of MHP feedstock is a blessing for SMP restart - Per last update the partial sell down to a strategic investor is due by end of this year

Looks like @quickthinker did well to accumulate in low 30s and so did I - reducing my Avg cost to 16c