Key Info on COB

I am a COB holder for a year now and have read a number of posts by other holders. But nothing beats the Feb 6th summary by Mlives which I put below. It will answer  your questions on COB including IP. I added a few comments. I believe it should be reposted once a month for potential new holders.
From Mlives:
There are a handful of cobalt hopefuls on the ASX aiming to get up and running. Many have mcaps of 10's of millions of dollars despite being still hightly prospective. There are a lot of excited and confused investors out there because Cobalt is "so hot right now". Reality check - I suspect very few will actually get built. COB will. Why?
1. COB's management
COB recruited a gem of a CEO. Joe Kaderavek is smart and switched on. He's a qualified aerospace engineer and included in his CV is head of resources at Deutsche Bank Equities and International Equities Analyst at BT Funds Management. He's shown himself to be careful and measured in building up the case for the resource, doing larger testing samples and using lower grades in the testing to show the viability of COB's Thackaringa. His conservative and robust approach is very deliberate and will be attractive to institutional investors and lead to improved study results and news flow in the future.
2. Resource size ( of course before announcement hopefully tomorrow Ap 19th)
With an indicated resource of 54.9mil tonnes, and with resource updates coming before the end of the month, there is a target of another 20mil tonnes.
The indicated resource is already one of the bigger deposits in Australia. Many Co hopefuls in Australia have a resource that is just too small to be economically viable.
Note for prospective ASX Cobalt plays: It is not enough to put a picture of a blue rock and an EV graph on your company website - which is all it seems to take to put a rocket under some of Australia's prospective Co mine's mcaps in the last 6 months.
(Duncan 04 : in addition, a few months ago during the aerial survey, a new unknown Cobalt zone  T 4 has been uncovered within COB tenement. It has not been accounted for yet. See Announcement of Nov 22)
3. Cobalt concentration
COB's starting point of 0.09 -0.1% Cobalt in the ground is already a reasonable concentration. There are suggetions, that by the next update it will be above 0.1%.
The Cobalt deposit is bound up in a unique Quartz/feldspar rock. The clever guys at COB are using a simple crush spiral gravity separation technique on the quartz to increase this concentration by 5 times. So it will be refined at 0.4-0.5% Co concentration!The higher concentration reduces the capex and opex and puts it closer to DRC levels. No other mine in Australia comes close.
( Duncan 04 adds : this gravity separation technique cannot be used in Cobalt laterite projects (AUZ, ARL, CLQ etc), see announcements by COB)

I know most of us have seen the graph below, but I never get tired of it and sometimes a picture says a thousand words...


4. Intellectual property
Here's the kicker... COB have also worked out how to refine Cobalt without sulfuric acid byproducts and submitted this pyrolysis process for patent (a fairly long process that is due to come through later this year). Apart from the market undervaluing the current intrinsic value of the mine, this IP is ANOTHER asset the market is not pricing in. The pending patents not only allow COB produce their own low cost Cobalt for an estimated $10 - $12 per pound (NB - current prices are around $38 per pound), but COB will also be able to leverage that IP for working partnerships with Sulfide Cobalt deposits all over the world - This is happening now with HAV and monetizing their IP could turn out to be more valuable than the resource itself!
(Duncan04: basically no need for expensive HPAL unlike laterite projects)
5. Australia
It seems obvious as most mines on the ASX are in Australia. However, the fact that not only does the DRC throw up ethical dillemas for big companies' reputations with poor worker conditions including child labour etc., it's also less predictable due to persistent extreme violence and war in the country. On top of this, the Congolese govt have just passed legislation for very high taxes (50%) on so-called super profits on all existing mines (existing Cobalt mines thought they were exempt from this) as well as possibly increasing the royalty fee from 2% to 10% on all "strategic commodities" which was much higher than anticipated and will likely include cobalt.
It was already bad, but in the last week the DRC just got a whole lot worse. Australia is looking like a VERY attractive place for a Cobalt mine like COB and it is not missing the eye of international investors.

COB is the clear pick of the ASX cobalt plays and my take on it is it's seriously undervalued. With a resource upgrade due in 3 weeks, quality management and solid fundamentals, it's a strong conviction BUY from me.
(Duncan 04: COB a a rare pure Cobalt play in safe Australia)
Of course do your own research.