What's not to like about this. DC is a conservative man as can be analysed in his speech but this is highly positive. We are in the process of being much more bankable and it is apparent the off-take partner is having all caesium shipped to them value around $15 million – there is also the lithium associated with caesium as an add-on value as well and the potassium/overburden which high grade for ceramics and sort after as well. He has more or less said our current market cap of $m35 will be absorbed and we have more than enough work in the safe haven of Australia to contemplate the Canadian spod ventures with other decisions to be made there now – sale, farmed off, J/V or whatever.
He implied our cobalt is in the big money picture now.
PIO Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held