independent valuation of luapula plant, page-199

In reality the suspension has put a spanner in the works - there is no doubt. The reality is with cobalt at around 90000 USD, hype created by a typical bubble, the market was ripe for a picking. the margins would have been fantastic and logically the stock would have moved as such.
However, there is one concern i share with Oz and that is metallurgy. I assume with ore coming from different sources, the ore is not going to be consistent in nature and hence the flow process would need to cater for the differences. In reality this would need practically all contingencies to be factored in when developing a flowsheet as there could be a significant variance in process unlike in general when one is supplied with one's own resource where there willl be greater consistency.