Worth getting prepared for and keeping on the radar imo:
1. ASX listing in "near future" (1-2 months imo)
2. Have "acquired assets"/ tenements in the "famous copper-cobalt belt in the southern part of the DRC, which is also currently the main production area for more than half of the world's cobalt"
3. "Only requires simple mining and mineral processing... The project is expected to be put into operation within a short period of time." (toll processing from nearby established mines - immediate cash flow to enable development of own production facilities)
4. "In view of the global production and sales volume of cobalt in 2016 amounted to 100,000 tonnes per year, Optimal will become one of the largest cobalt supplier."
5. Current cash position over $20m
6. Burwill Cobalt is a, "19.67% shareholder" and is to "be offered at least 40% of the total cobalt and copper product during the term of the Offtake Agreement (5 years with an option to renew for a further 5 years)."
Doesn't get any better for ASX investors interested in near term producing Congo cobalt projects imo. I'm looking forward to this one listing
