Post by
Goatburner on Jun 10, 2021 2:06am
First Cobalt is going to have to redefine itself
I look forward to the day, and it won't be long now when FCC will have to redefine itself. We have to get to the point where FCC no longer describes itself as an exploration stage company engaged in the acquisition and development of resource properties. Not so far away FCC should be saying FCC is a world-class refiner of cobalt sulfate to power the future and a vital link for a strategically secure North American supply chain. I'm happy with that vision and the role first Cobalt corporation can play on the world stage. And Trent if you're reading this you owe me :-)
Comment by
Marshall on Jun 10, 2021 9:45am
When they do this, it won't be just for cobalt. It will be for battery materials.
Comment by
Goldfather on Jun 11, 2021 4:44pm
Ok...only 2 weeks left in Q2. Looks like FC will miss on theyre long promised DL on the financing partner and an official commitment to the refinery..... few weeks won't matter much. But this is now a show-me stock and certainly hope it's not delayed for another "review". Let's hope for the best ! Any thoughts or insights here ? Thanks.
Comment by
TennisStar on Jun 11, 2021 4:54pm
They've already noted that it will (likely) spill into Q3 Goldfather (not new). If not June...July to fully funded. They've also confirmed this directly through an IR correspondence. Cheers,
Comment by
Goldfather on Jun 11, 2021 5:00pm
Ok. Thanks TS ! Appreciated.
Comment by
Toront on Jun 11, 2021 5:29pm
Any thoughts for the share price after financing? How high share price can go after financing?
Comment by
Jordsword on Jun 11, 2021 9:33pm
It all depends on terms and partnership. Impossible to predict at this point how the market will react, but I highly doubt a "sell the news" event.
Comment by
Goldfather on Jun 14, 2021 9:21am
We'll here we are June 14,2021 and only a couple weeks from the long awaited/promised Finance partner announce (seems forever).... obviously an interesting week with all eyes on the SP...... will it continue Friday's momentum.... or is it still the show-me stock after soo many years of talk & waiting ?