I agree, however sovereign risk is not enough to reassure me that Mt Thirsty will be developed anytime soon. The speculation that China will pull-up short on cobalt is currently the only reason I would have to invest in a non-DRC producer, however I highly doubt this will be the case. We'll wait and see, I am not eager to experience another rare earth Molycorp debacle.
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I agree, however sovereign risk is not enough to reassure me...
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