Originally posted by Chair-Face
@rick26 ,There's no doubt they are attempting to sell a portion of Cancet, but how big of a portion is unknown. ..
Its a good thing IMO. at least then who ever the buyer is SHOULD push the actual progression of the project.
IMO, at the moment, with this management, it will sit there for years untouched
Having some cash in the bank will be good aswel...
In my honest opinion
Do you really think so?
At the moment, Cancet is the only reason I'm still holding. It's like a safety net for me. And I'm sure others are thinking the same.
It's there as a backup while we explore.
Without it, we are just a shell looking for cobalt, which is slowly being removed from batteries as technology progresses (see lithium sulphur batteries as a much lighter alternative to using cobalt in lithium ion batteries)
Whats more, we are looking for it outside the DRC and there seems to be a very limited amount outside the DRC.
Without Cancet, we are nothing in my opinion.
(20min delay)