The Feasibility StudyThe Feasibility study from 2014 makes it seem like a whole new study is required for 2022 because 8 years have passed but this is contrary due to how their feasibility study was formatted and how their updated feasibility in 2019 (2018?) was conducted.
The feasibility study used projected cobalt pricing which has come to pass and used ranges so as to make the feasibility study more "sticky" in regards to price estimations.
Saying that, no one could of predicted the Pandemic and the subsequent cost increase of developing a mine. The new feasibility study would be able to take everything from 2014 and 2018, and provide an updated cost analysis of the mine construction itself (as that is the only thing that would need an update) with more direct pricing due to its near ready construction.
Theoretically, when that report is released, which should be sometime this year, (preferably before our debentures are due but could be after), It will be the catalyst that the agreements with NDAs come forward.
Then again, gotta get past the payment due date :D
Good luck to longs and shorts alike