There are many possibilities to make a cobaltplant happen.
- Joint venture mb with glencore
- advanced payment agreements with cobalt buyer
- bring in a new instit. Investor
- or partial cr by stages through 2017/18
We need to make pressure to the mgmt about cobalt. We need that second leg, to be safe about our future cash- and debtbalance..
We can't afford to miss this opportunity. Cobalt is deiving the same path as copper does. So we maybe just have 1-3 years where the prices remains high... so we need to act asap to get the costs/inv. back before prices goes down again.. later we have the whole cashcow for new opportunities..