RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The necessity of a Cobalt Refinery!No one here really knows but it could be that we are so close to a white knight with "shining armour" that is better for the company to fully explore that option before releasing tidbits that manipulators can work with as we advance.
I would have to check some where but I thought we were talking 700 million ...recent interviews seem to be now 800 m zone ....I would like to know why or maybe I am mistaken. But if you know how much money you need you must have advanced something bankable.
do you need a bankable study for a major partner or will they make that assessment themselves? The FS was pretty clear with 15.00 cobalt and 1200.00 gold. We do have 42 plus NDAs holders likely some of them would need a bankability report but they may be last resorts compared to other more substantial partners.
IMO unlikely we are building this ourselves but again who knows.....it's high risk for many reasons, primarily,in my mind, is that I don't think we have the people nor a board that is conducive to such a task ....procon or not ....where I do see value for our team is ....in conjunction with a much larger partners who has the wherewithal to develop and build, is Tlicho, northern relations and government relations beit NWT, Sask, Alberta ....that's about it.
it is frustrating no question but I don't th8nk we have a mgt team that is trying to screw us over....more likley trying to protect us. Just my thoughts for wha5 they are worth.