Cobalts I am sure many of us are watching the FCCs and JRVs and it's interesting to see what happens to them ( stock prices) as what appears to be great news ( and in fact has been good news for the companies overall plans) but the reaction of the market has not been what many shareholders expected .....surely I am not alone in this observation....in both cases longs appear comfortable and call it part of the bigger plan.
I think both those companies are very different than FT and different between themselves but with positive news at FT ....what should we expect? I guess dependant on how and what that news is.
with a definitive process plant site and plan, which is monumental to us, we still have to have ( like the FCC, JRV) development of the big picture ....FT obviously being completely in NA helps and in complete control of its resource supply and hopefully processing operations, puts us in, I think, a different league and because of that, it's my hope the market see's this and responds accordingly.
god help us if RG comes to the table with a process plan and mining partner ..my thinking, .this goes thru the roof.
In two years or less and reported by many in the know, the supply as we know it will out strip production mostly controlled by China, political tensions on that front are not reducing, the disconnect between miners and end users continue with cobalt etc ...the risks are high all around, infrastructure plans abound to work toward EVs and mass storage systems...electrification is the future ( Tesla looking to become a utility provider in Texas).... it's endless if one looks at the big picture.
and here sits little FT, which is but a pin pr-ck, in the big picture, but also clearly very different and I think stand alone and stand out potential for investors. A unique deposit if there ever was one ....bottom line in business these day is go big or get out ...it's my hope who ever RG is talking to that they see this and seize the opportunity as well.