Important Backdrop: Gecamines / Huayou, page-8

Any higher royalties from the DRC would only increase the short of supplies & price of the cobalt, after all, DRC is the PRODUCER, not some non sense so called cobalt projects that are never even going into any production, they might not even reach PFS or DFS

Huayou goes to DRC and the group injects equity in NZC for bigger things, this is THE LARGEST cobalt producers group on the earth, they don’t pick up any explorer to invest,


Some real nervous retail that are so eager to sell in various small parcels is all I saw today via the trading pad. Boring.

Huayou holding is approaching 20% line and one knows what that means.