General Discussions, page-6501

Once PEPR is approved and given our safe location won't be longer before the major miners come knocking for JV or takeover

So, why is Big Mining not diving right in? Because it doesn't want to shoulder all the risks on its own. Mining is a risky business by nature, again very much like oil and gas. First, you can never be certain that exploration will be successful. Even if it is, as in Serbia, you may encounter local opposition strong enough to pull the plug on the project. Or the project may be in a politically unstable country such as the Democratic Republic of the Congo, which produces two-thirds of the world's cobalt. Miners are allergic to politically unstable jurisdictions even if they are forced to do business there.

https://markets.*.com/news/stocks/mining-majors-are-treading-carefully-as-battery-metals-boom-1031163847