It's all potentially good news but dependant on many factors along with potential risks. Will NFC commit to partial funding and development of AB ? And who else is on the sidelines waiting to come on board once NFC says yes? Will the drill bit discover a commercial Cobalt deposit at Kyarra and if so how and in what capacity will Shanghai Metals commit to the project?
What about macro risk? Markets are peaking and ripe for a correction imo. If there is a sizeable correction we all fall down regardless of how good our Companies prospects are. But of course when markets fall and sellers panic - contrarians buy!
It's all potentially good news but dependant on many factors...
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