TSXV:FCO.H - Post by User
Post by
reeJoeyon Jan 03, 2018 4:10pm
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Post# 27273928
ECSIF +9.88%
ECSIF +9.88%Runners take your mark....Get set....GO! Which is just what the stock did with today's great news. Not a bad one-day move. And this only is just beginning! If not already there, get in on the ground floor is my suggestion. What is not to like about:
Successful laboratory scale testing has demonstrated arsenic removal from ICP ore concentrates by conventional roasting methods. These successful results support the Company's new direction to produce a clean (low arsenic content) cobalt concentrate product [also sicially responsible/"clean" cobalt and not "slave produced" DRC cobalt], an upstream precursor material for battery cathode production, that may result in material reduction of capital and operating cost at the Cobalt Production Facility ("CPF"). This product change and other project optimization efforts, as announced by the Company on December 7, 2017, have the potential to result in a significant improvement in economics for the ICP. This new opportunity is being pursued in response to changes in battery supply chain dynamics and in-depth discussions with potential offtake partners.