Ann: DRC Cobalt Production Acquisitions Update, page-228

Wfe (Value Chain)

Cobalt plant owner....250,000t capacity.....4 months commissioning....500K upgrade
+
Ethical Multiple Cobalt taillings...expansive....1+% grades.....ore ready to go
+
6 cobalt licences at various developed stages regarding....historical cobalt data....drilling....JORC
+
Airguide....1.7M in cap raise............cap raise for $8M oversubscribed
+
Pre-payment off-take (probably in the multi-milions)....Europe...Asia...END USER
+
Most third parties (AHIC etc) wanting payment in equity
+
Early Cash flow revenue (from taillings
+
First Cobalt producer on ASX

All this is easily (without hype factor) worth +500M mcap....DYOR /// not financial advice