Cobalt price, page-12

Cobalt price is indeed climbing after a period of stagnating around the 56K mark.

What is the timeline for the Cobalt production? we have heard no progress reports (on-track or not) since the purchase and that they are hitting their upgrade milestones.

The original notice dated 21/2/2017 puts a timeline of 6 months to commence mining - which obviously puts it at 21/08/2017. I assume this is on track?

"Detailed mine planning and optimisation work underway on the Kipushi Cobalt Tailings Project, with the JV aiming to commence mining activities/tailings retreatment within 6 months"

The Company has executed the Agreement with Paragon to establish a new joint venture company (JVCo), with the following objectives:
(a) to commence mining activities at Kipushi within 6 months;
(b) to immediately commence exploration activities on Kasombo;
(c) to complete a Feasibility Study on Kasombo within 18 months;
(d) to commence mining activities at Kasombo within 24 months; and
(e) to identify and secure other copper, tin, zinc, and cobalt projects in the DRC and Zambia to advance towards commercial production.

Note: TS never hits promised dates - let us hope this is the exception.