Sunday readGood article re. Jervois. Although no mention of FT, to me it supports the case that FT's NICO deposit has it's advantages vs other cobalt sources, i.e.
- share price ultimately is not only torqued to cobalt, but it's significant gold reserves
- not exposed to DRC risks
- critical minerals eligible for US IRA tax credits
- expected cobalt price recovery likely to align with eventual NICO build/commissioning
As well, it'll be interesting to see how the Jervois cobalt refinery expansion plans evolve. Will they expand in the US only, Finland only or US and Finland, and does this outcome affect affect more or less DOD support for FT's planned refinery.
https://www.afr.com/companies/mining/jervois-global-finds-itself-favoured-by-governments-not-markets-20231205-p5epay