RE:Cobalt DRC and OntarioWhen i first bought into First Cobalt I beleive the mucking out piles from the silver mining days were hearalded as having a lot of cobalt. They were after the silver not the cobalt back in the day. FC owned claims right up the kazoo. This was an easy source of cobalt, not needing to be mined and not from the Congo. So all of the boxes of the greens, vurtue signalers, ESGers, L OMENO PEE ERS were checked off. Enter TM and all of a sudden the Cobalt resource was written off as having no value. First the refinery, oops, that cost 2.5 times the estimate and not enough money to finish. Then the black mass deal and oops not enough money to get that cash generator up and running.
Bottom line is TM and his team had no plan and other that piles and piles of incompetatnt BS dished out we still have nothing.
Sourcing Cobalt from the Congo is an ALL OUT FAILURE by TM and his team of incompetants. Im sure there will be more before the BAILIF puts the padlock on!