Drop in Cobalt prices has not been kind and unless they cut a...

Drop in Cobalt prices has not been kind and unless they cut a favourable deal with the Japanese it could languish for longer.

Hopefully they will push for a quick deal and not be drained of cash whilst our rich suitors mess us around. Seen it happen before; it could end in tears.

I’d prefer us to have a couple of horses in different races here; the mine, the waste recovery and the refinery. If one falters, we are still in with something else.

Hopefully the price of Cobalt will rise to improve the economics on this one and also JRV’s operations.