Leadenhall, page-5

It will come down to the off take agreement which according to TS (based on quoted timelines) will be completed in two weeks time - we are in week 10 of 12 pre-feasibility study.

Cobalt is trading at above 100K AUD a tonne, so a buyer that allows production to be profitable will surely be out there especially at the quantities supposedly available.

I cant see the share price going down based on potential alone, although TS has a habit of blowing a lot of hot air.