Thanks. An excellent summary. It points out plenty of upstream investment (GEM/Glencore of course and the Huayou/LG cathode deal). Please excuse my last post in that regard - in any case, more upstream investment is a good thing for COB.
It also points out how rare pure Cobalt mines are. Being the only cobalt mine of scale in the world, COB's Thackaringa is unique in this respect.
As my last post stated, it marks COB as a really attractive asset for downstream companies to guarantee future cobalt. Serious takeover potential.
In COB we have a company in a great mining jurisdiction with a risked NPV of 3-10x its current market price depending on reasonable cobalt price, LOM and OPEX assumptions. It's a pure play in a commodity that is vital in the future plans of several huge companies, but the commodity also carries DRC supply risks. It has a relatively low capex with a low-risk build compared to other HPAL juniors. It has a low OPEX and can leverage its IP in other pyrite deposits. Oh yes, and there is takeover potential (for the right price).
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