Hi @Kablooey
The merger will mean that the company will own both a mill which in lithium speak is the equivalent of the Mt Cattlin concentrator and the refinery is the equivalent of a processor that can produce a final grade of lithium.. In this case cobalt which is fetching US$60,000 or just under $80,000 Australian per tonne.
I thought I would focus on the size of the land holding... Specifically to that of what Cobalt One brings to the table in this 3 way merger.
7,272 hectares which is the equivalent of 72 square kilometres.
To put the land size into perspective it is about 28% the size of Newcastle in NSW
I think investors haven't cottoned on to the size and the potential of the assets that the merged company will hold.
Looking forward to seeing who else joins us in our Canadian log cabin.
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- Ann: First Cobalt Proposed MergeCo Presentation
Ann: First Cobalt Proposed MergeCo Presentation, page-5
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