RE:RE:News :First Cobalt Begins Geophysics Program at IdahoAgreed with some of the points here. However, there is nothing wrong with multi-tasking. :)
It almost comes accross as a tool for valuation which can be used in negotiation with a funding party. The refinery value is known but the other assets probably still need work or optimization.
Remember..
FCC acquired more land as well at IC.
https://www.firstcobalt.com/media/news/first-cobalt-increases-us-land-position-by-50
FCC also is doing an internal review of the cobalt Camp
https://www.firstcobalt.com/media/news/first-cobalt-evaluates-its-canadian-silver-portfolio
A lender would want to see all the assets the creditor has before extending the financial help.