RE:Macro level looks goodIt's will be great for Ontario no question and more interesting to see what the Feds are playing with in the economic war chest that goes beyound this announcement ....it's my hope we take the position of "team canada" and source of cobalt from canada, it's FTs only hope on that front given the potential processing opportunities in Ontario and Quebec.
to continue in this string of potential DRC ( or any other ) cobalt supply for Canadian batteries would be a travesty but may be the Canadian way and is what gets un in trouble. We sell our oil, pork wheat, milk, fish, fruit and vegetables etc etc because some economists figure in the scheme of things it's some how better for us to sell our quality product and buy someone else's shite ....on that condition we buy from others and as we have seen, only to later find out that when there is trouble in the world ( no shortage of that) then we suffer and start talking "Canadian Made" again, typically by then it's too late.
they are gonna produce batteries in canada in Three or four years, we are the only permited primary cobalt mine in the country and ready to go. Long shot here but Seems to me were are a good source now while eastern cobalt deposits come on stream ( many years away ), Nico mine comes onboard now, in the meantime builds its own war chest for its process facility in FT Sask and shift supply to its own facility. I recognise the complexities of our deposit and am trying to be optimistic of our options in the face of what's going to be great news for Ontario....while we sit.
it may be fine and dandy ...unless RG gets back to the office and sorts those engaged financier's to jump in and get what it takes going to produce the products Ontario is gonna need in the very near future......and that is an ongoing story that is very possible and we wait to hear on.