TSXV:FCO.H - Post by User
Post by
lucidvisionon Jul 05, 2018 3:32pm
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Post# 28274267
There will be a MUCHO MM-play - BUT - please keep ...
There will be a MUCHO MM-play - BUT - please keep ......this in mind (YES i too added today !)
--> RAMPING NEEDS: Battery investments--> through the roof: ie., EV to the power of.../ ie., VW Invests $25 Billion in Battery Supplies
--> Cobalt USE for: both EV and hydrogen solutions ! Cheaper and as good or better than platinum catalysts...
--> WORLD-CLIENTs-ACCEPTABILITY: Clean-ethical cobalt mining
--> RISK: geopolitically stable jurisdiction
--> UNIQUE GRADE product: The ICP’s cobalt concentrate is unique compared to standard cobalt concentrates
--> CLEAN: produce a clean (low arsenic content) cobalt concentrate product
This current test work, utilizing a rotary kiln with a controlled atmosphere, achieved the target product, a low: demonstrated that a 0.2% residual arsenic content in concentrate is achievable. Results of the pilot test work will determine the final detailed design
--> Expenditures: 53M mine and mill (would be much more today…much more; note it’s advanced nature)
-->PERMIT, on hand; Keep in mind- - - years to obtain!
--> Used $25/lb for 2017 feasibility study (38sh currently) --> Hyper conservative
--> Optimized study. in vogue - due Q2
--> deliver --> q3/q4 cobalt out of ground/production
--> production decision 3q2018
--> 30M financing (40shM in bank)
--> environmentally friendly - water treatment in place soon (think Congo)
--> Corner-of-Napkin study: by 2025 penetration of EV (10%++) --> hence, require 5x ++ current cobalt production (with a growth rate of 11%) = no small potatoes ; remember cobalt’s not just used for batteries !!
--> eCOBALT future production = 2000+ tons of cobalt / yr --> 2% of cobalt
--> POTENTIAL: 12.5 yr life min , just on 1 deposit - and - many deposits available
--> TRANSPORT-READY (fully) : BRIDGE up and running
--> OTHER... please add here (share with me) - TIA
Cleanethical cobalt: