GF would not be pleased to hear that CQT are confident that they will be able to close an off-take agreement as soon as CQT can confirm full feasibility. Could this force GF to show their hand earlier and bid for CQT before any such agreement with a 3rd party is entered into. Maybe this will force GF to enter into an off-take agreement wiht CQT pre-feasibility. Could this be why JT has been allegedly travelling to china?
Anyone care to estimate/guess what capital costs would be incurred in setting up a facility to produce concentrate?
CQT Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held