It's something that the well known DRC Li stock holders like to talk about but could be a more realistic option here.
What are people's thoughts on us firming up another 100Mt or so on that Northern DOF and then selling whichever section (North or South) is the less good off to another company. If we could raise $100-200m for that via $10-$20m of drilling and secure say another $200-$300m of debt via export credit finance out of Germany at reasonable rates we could in theory get this into production for very little further dilution and maintain 100% ownership?
The world seriously needs the ethical cobalt supply and in this case it might make sense to duplicate 3-4Mt operations across two companies than trying to go 8Mt alone.
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