1. Yes, they will need to do another cap raise. Good news is it...

1. Yes, they will need to do another cap raise. Good news is it will be a very small cap raise and hopefully last one. Lots of the heavy lifting has been done and they still have money in the bank to keep the foot on the pedal. If the partner deal comes in early which i doubt then there will be no need for a cap raise.

2.Thats why COB refinery is so important and needed by western markets. Plus the refinery wont be online for 2 more years from this point. Demand will increase from next year.

3. The company and market have been over this regarding LFP. LFP have there place in the market and its been factored in across all industry reports. Check out Toyota time frame on new gen batteries. They are rolling out batteries with LFP and Cobalt containing batteries.

4. 2024 was not the year. 2025 my friend. We need another 12 months for supply and demand to change, wars too cool down and inflation to also cool down.

China plays a central role in most key metals. The west are taking action with huge policy changes. COB will benefit from these policy. Look at Lynas to see what happens when you have a western company involved in production with a key metal. High market cap!