Time will tell what happens this year with Nickel and Cobalt prices and that will determine the viability of Mt Thirsty. Cobalt has increased by 100% in 2021 and I expect another major increase this year. Demand is expected to skyrocket have a look at the graphs below:
I expect a lot of joint-venture partners including car manufactures will coming knocking on the door if we have another big increase in Cobalt prices.
They will be looking for a source with a stable government. The Congo which supplies 60% of the world's Cobalt has an unstable corrupt political system and there's a whole range of human rights violations connected to cobalt mining, its estimated 100,000 cobalt miners in Congo use hand tools to dig hundreds of feet underground with little oversight and few safety measures.
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