Jervois Global Ord Shs V.JRV

As production nears startup

[Buyreallow]

With actual revenue ore extraction fast approaching, a number of questions that are unclear.
Once the ore is put through the mills at the mine site, what will happen to the cobalt concentrate?  The SMP refinery will not be ready until the end of 2023, so where is the cobalt stored?  Will they pay to ship it and store in Brazil, or store it on site at the ICO.  What happens to the copper concentrate.  They say it will be sold in the USA.  Any hint of customers?   And what about the gold.  First, does the processing at the mine site separate gold from the copper and cobalt concentrate?  If so, where is it going for further refining.  Raw gold is not of much value until it is refined to high purity.  If it is not separated, where is it, in the copper or cobalt concentrate?  And how is it separated if it is in the concentrate.

[minwoozzn]

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[Zackra]

Is the cost above or below the revinew ?

[Buyreallow]

Below the refined cost, but if not refined, what revenue?   Revenue for unrefined copper (just concentrate) would be much lower and we would incur more expense to have someone else refine the gold.  And there will no doubt be extra costs to store the cobalt concentrate somewhere likely in Idaho. Why pay the freight cost now if yuan not refine It in Brazil for a year.   That's

[Zackra]

Getting a handle on cost's always the question, and the comodity exchanges really try to control the producers 

[gossamer15]

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