For more clarification to Glencore's interest We've purchased this property, one that they've been sitting on for a little while as they roll out their other global operations. But we have an off-take agreement with them so that any production that we have they're able to purchase at the prevailing market prices, which is good for us as well. There's a production royalty. So we're going to be involved with Glencore over the long term here. They also have a back-end option to purchase the property back at terms favorable to our company. If they would like to get that property back and eventually produce cobalt from it, we expect that that production only makes sense if they would add our adjoining Teledyne property as well. So the future might be very interesting for us in Ontario with these cobalt properties.
https://stockhouse.com/opinion/independent-reports/2017/09/26/interview-with-tim-fernback-ceo-lico-energy-metals