Hey guys, im doing my DD on CFE and the cobalt acquisition and just watched that vid with proactive investors.
Anyone know why the old Chinese JV partner of Paragon ditched the project? I cant find anything online coz every single hit is to do with CFE acquiring it. Why would you build a processing plant and then just walk away from a couple hundred million USD worth of cobalt sitting there in tailings? Does anyone know if the Chinese did metallurgical testing on it?
Ann: Cobalt Off-Take Discussions Advance and DD Update, page-38
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