Post by
learning123456 on Aug 10, 2024 2:13pm
next two weeks
Jerois should announce in the next two weeks about raising more money. When are they going to release the BFS for the refinery in the US? How long after they announce BFS for refinery unitl financing for the refinery? How low will the stock price go?
Trump chances of winning the election are decreasing which may help Jerois. Given current cobalt and nickel prices US funds are their only hope.
US has already funded a cobalt mines in US. Will they fund another?
"US Strategic Metals (USSM) has been tapped by the Export-Import Bank of the United States for a loan package worth $400 million with a term of 15 years to support the development of its mining and metallurgical project in Missouri.
In 2020, the geologic and block models were updated to survey mine reserves, including a pre-feasibility study on a well-drilled resource that is estimated to hold 72 million lb. of recoverable cobalt, 105 million lb. of nickel and 103 million lb. of copper."
Still Learning