I think we are a 50/50 chance to get Kabanga...pretty good odds for a project that is essentially (for me) the equivalent of winning tattslotto.
But if we miss out, I think we are a much better chance of coming to some arrangement on ECobalt's Idaho project. Not in same league as Kabanga, but still around $AUD 3 billion of high grade Cobalt + Copper in ground (with plenty exploration upside) and a very low CAPEX and very well advanced operation.
And I know some people have now been discounting Nico Young (from emails I receive), but that is still a serious project and VERY much in focus. I think the quarterly made that very clear, as they said looking also at much larger 3mtpa operation.
Cdchi1
I think we are a 50/50 chance to get Kabanga...pretty good odds...
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