RE:RE:RE:IEA: Governments Should Consider Stockpiling Battery MetalsI think you put your finger on it Red.
There is a disconnect. Mgmt is passive. Is that because there is a critical issue at stake that relates to a larger value of the NICO/IOCG deposit that would place it beyond mere financial & shareholder consideration. Fair to day 40 thousand tons of cobalt is not an earth shaking mine. Below is an excerpt from the May 4 FT company FS update: (note: this update was not an official news release as far I know).
Geological Survey of Canada (GSC) identified large coincident magnetotelluric, gravity & magnetic anomalies an order of magnitude larger & stronger than NICO deposit anomaly beneath the known deposit & mantled by copper mineralization that may represent down-faulted extension of deposit.
Is that order of magnitude double, 3 or 10 times the known deposit? The NICO mine was built, financed and ventilated 24 yrs ago. Phheeew!!