This was posted by mlives recently, I think you will have to wait to past judgement on this process in the coming months.
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!
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This was posted by mlives recently, I think you will have to...
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