announcement, page-11

Mr. Fabulous,
Nothing like a positive announcement to put the brakes on the SP lol.
Fantastic assay results including very high cobalt values (is that still around $50Ib?).
So whats the problem.
That JRV are still working on an alternative process?
Don't you think there would be a clause in the final contract that if Jiaming's process was shite, JRV and CRG could proceed with alternatives. Nah that would be too sensible and logical!!!
Don't forget JRV have 16m tonnes of Ni at Nyngan and have taken up more leases to extend this resource. Why not have your own process to develop this? No royalties etc to anybody else. Makes sense to me.
In a jittery market I guess nothing is too surprising
Seek and you shall find negatives. You just have to throw logic out the window.
The Chinese would be mad to walk on this deal. They are being offered a fantastic opportunity and IMO they will deliver. CRG will choose the best process and hopefully JRV can offer an alternative

Deepdiver