Ann: Quarterly Activities Report, page-3

news can't be far. It should tie in well with cobalt hitting a 9 year high overnight. And just as the DRC moves the goal posts again and increases royalties on strategic metals (which includes cobalt) on existing and new projects. They even chucked in a 50% 'super tax' that applies to projects producing income from commodities trading more than 25% above the price quoted in the definitive feasibility study, that's all cobalt, copper and some of the older producing gold mines. This all helps increase pressure on already tight supply.


I expect given the natural concentration at La Profunda grades will be on the upper end relative to ASX peers, margins should be high and right at the door of the European EV manufacturing boom!

Sleeping giant IMO.