Have you had chance to watch Cobalt Blue (COB) 17Mins YouTube interview in Crux Investor only 3 days ago. I think Partners or Off take agreement seems to be miles away. Management are also not in rush by the look of it. Management refers MOU as just a handshake, and not really binding agreement, which it is but why say that, also DFS is year away and revenue is 4 years away.
I think interviewer got the best out of Joel Crane, kept pushing him with Partnerships, MoU, Off take agreement etc, which isn't anywhere around currently.
CRUX Investor labeled Cobalt Blue (COB) as Contrarian Investment, I quite like this investment philosophy tagged to COB.
I hold COB in my portfolio.
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