Hi Guys and Gal'sI know nada when it comes to cobalt or...

Hi Guys and Gal's
I know nada when it comes to cobalt or interpreting cobalt grades etc,
Following on from Ann today, does this assist with the following from the half yearly?

Metallurgical Testing Marquee Resources announced the completion of five metallurgical drill holes collecting approximately 150kgs ofHQ core, composited and shipped to the SGS Lakefield lab for further metallurgical work. Samples are being prepared to be sent to Zhejiang Meidu Haichuang Lithium Battery Technology Co. Ltd (ChinaHitrans) who has signed a Non-binding Cobalt-Copper Offtake Agreement (over Marquee’s interest in the WernerLake Sulphide Cobalt project). China Hitrans will conduct their own metallurgical testing (post SGS analysis) andupon a successful outcome, current negotiations underway for a Formal Offtake agreement should be finalised.

Is there sufficient cobalt there?
or Uneconomical to mine

Then Also this in Half Yearly,
MQR 30% Interest Werner Lake The stage one expenditure commitment of $1,000,000 was reached during the half and Marquee earnt the initial 30% interest in the Werner Lake Sulphide Cobalt project, located in Ontario, Canada. Marquee, via its wholly owned subsidiary Canadian C027 Pty Ltd (Co27), entered into a farm in agreement with Global Energy Metals Corp. (GEMC) on the 23rd of November 2017 to earn up to a 70% interest in the Werner Lake Cobalt project. Pursuant to the agreement, Marquee has given notice to GEMC of its intention to earn the 70% Interest in the project by incurring the second stage of expenditure ($1,500,000) on the project.

With cobalt prices dropping at the end of last year, are the powers that be wanting to get this on the cheap?
Then wait and wait and wait too see if the cobalt price pops again?

And is the 1.5 mil on top of the million that has already been spent thus far?