TSXV:FCO.H - Post by User
Comment by
farml1234on Feb 01, 2018 10:03am
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Post# 27478438
RE:eCobalt Refines Processing Plans
RE:eCobalt Refines Processing PlansWhat a pack of lies , they will never quit !!!
Re:::
The original feasibility study was for a $184 million project, $124 million of which was for the Blackfoot processing facility, which would be in full production by Q3 2020. The new plant will cost less but due to stock exchange regulations eCobalt won’t be able to reveal final numbers until later in the first half of this year. “We expect that to come in significantly lower than what we were looking at,” Varley said.
Operating the facility was originally going to call for 65 jobs; with the new structure, that number will be lower. “The same skill sets, just fewer of them,” Varley said. Salaries should be comparable to those at Idaho National Laboratory and Premier Technology, in the $70,000 to $80,000 range, said Marc Carroll, the newly elected mayor of Blackfoot. “People are very excited about it,” Carroll said.
The company is financing the project now and is working with a number of interested parties to either buy the ore, take a share of eCobalt, or both, Varley said. “When we have final numbers, we will decide what’s the best deal,” he said.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.ecs&postid=27477826#trhLosSacSrLX91B.99
These jokers could not run a checkers game