RE:RE:RE:RE:Shareholder Activist - JervoisAgree with rospar2 on this. I too am a long-term holder of both ECS and FT and it can be frustrating to await developments. But it’s critical to remain focused on the mid to long view. On the plus side, these two mines-to-be are the closest to production among new prospects around the world. But realistically they are relatively small (based on current reserves) and, for the cobalt supply chain industry and their bankers, the risks of financing an ECS or FT remain significant in comparison to working with established producers. Especially so as long as critical external (to those companies) development risks like road access and arsenic mitigation technology remain to be settled.
It’s important not to feel entitled to success and to continue to encourage management to press forward. But I find calls to replace current management teams this late in the game to be irresponsible and potentially damaging to advancement. Similarly I can’t support calls for a sale at what would amount to a fire sale price. I continue to expect that coming shortages of several battery metals will eventually lead to good outcomes for companies like these. Let’s not shoot ourselves in the foot in the later innings. GLTA!