TSXV:FCO.H - Post by User
Comment by
Robertoravaon Jan 20, 2019 4:15pm
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Post# 29257435
RE:get ready!
RE:get ready! Get ready for what? a new study?
Because when the 1200 pound output study is complete and cobalt it still depressed then i bet they will then do an 'optimised' study.
The optimum financing is really dependent on the terms and market conditions at the time of financing.
the way i see it, is that they mean with market condittions a spot price above 30$
so don't 'hold you're breath... could be easy 6 to 12 monhs.
They already sent samples end 2017 and said that they received letters of intent for offtake in jan 2018. I say it again, if they couden't get the job done with market conditions when cobalt was 30-40$ then they sure can't get the job done at current cobalt price.