RE:FCC Working CapitalOk, $50 million for working capital. Really? B.S.! Maybe you are off by a factor of 10. Even then that would be a lot and an amount that could, should, possibly would be part and parcel of normal banking facilities.
I do think we will see $0.25 before the SP starts to climb. This one is hard on the nerves.
As for the cobalt content, it changes every day. Every day I read about a new and improved ground breaking battery technology. 95% of which dont and will never exists outside a lab. When you factor in charging times, battery cycles and travel distance cobalt is still needed and from what I read needed in ever increasing amounts in the non battery sector.
Any sign of construction activity at the plant?