COB cobalt blue holdings limited

Yes still very much here @Joeandhoes Interested to see how the...

  1. 11,870 Posts.
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    Yes still very much here @Joeandhoes

    Interested to see how the pilot plant has performed and how the samples as a whole have been going. I appreciate its a complex process in the initial stages. Each individual potential customer has different needs and different ways of doing business. We have been told that the numbers of potential sample takers/testers is high, perhaps 30 or more at last count.

    I would expect the negotiations and the subsequent logistics to be a bit lengthy and challenging with many of them, some will be faster and I suspect its these early movers who have the potential to come on board in a more substantive way. What these various financial options turn out to be is the wild cards we are all interested in. Do we have partners who want a guaranteed future stream and are prepared to use $ to secure them. Do we have others who want more in the way of equity and some skin in the game etc.

    I am hoping to soon see information on the process so far, how did it perform, what were the number of appropriate spec samples produced, how many have been shipped, were the techs happy with the numbers in the samples against some pure earlier results, on target, under/over etc. What if any feedback have we had. The market really has its ears pricked for this info.

    It is not like drilling a hole where you can get fast results from a drill core, I think we all know this whole project is more complex than that, still, as far as I am aware once a spec is achieved its very repeatable if your input is consistent, input has always had a high level of confidence in consistence and purity in past comments.

    I am confident in the project, especially so in terms of the negotiators and communicators, I have to put our CEO in the top percentile in this sort of area in my view, I have seen lots of operators over many years and feel Joe has the skill set and work ethic to work each one of those multiple potential product streams in the best possible way.

    Cheers
    Phil.
 
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