RE:RE:RE:RE:RE:Only a couple months till EA It is incredibly hard to imagine with all that we know about the general lack of cobalt supply, lack of an ethically sourced North American supply coupled with logarithmically increasing demand THAT there wouldnt be a number of suitors waiting in the wings. Yes, the capex is a large number, but remember the mine life is unlikely to be less than 25 years and there has been essentially no adjacent drilling in satellite deposits etc. As well, keep in mind the SMPP will likely have the ability to process ore(s) from external sources adding value
Would any kind of deal be done before the road is fully approved and the updated spreadsheet completed? Not a chance. Is it frustrating to watch the s/p languish week after week? Of course.
I'm cautiously optimistic there will be solid news this fall that re-rates our stock price and am more than willing to wait. Given the scenario I have outlined, If a deal cannot be accomplished near term, it is hard to imagine how/when it would.
good luck to all,
lettern