The timeline stuck out again at me. They reference by June to have everything completed. They have 3 and half months left. Let's see.
COB has developed a detailed Forward Work Plan to the commencement of construction. Between December 2023 and June 2024 the plan is to:
Complete testing of feedstock samples. Finalize the Refinery’s engineering and select engineering partner and construction firm. Secure binding feedstock contracts for the first 3–5 years of operation. Secure offtake contracts. Complete permit application studies; and Prepare financial information memorandum, identify sources of funds and close finance.
COB Price at posting:
15.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)