thanx for ur respond but I would like to see broader picture about FCC.
FCC refinery that is allocated in Canadian Cobalt Camp is far away from our exploration.
FCC needs more than $100M for restart refinery and currently has $28M capital. (that;s why its SP heading south dramatically)
FCC has a bigger proved resource with higher grades in Idaho with shallow mining and more width and still struggling with mining, because they can't find wised investors to put money there.
Back to MQR mining, as a civil engineer, who worked in mining field for many year, I'm sure the cost of taking out those tiny vein cobalt in 200m depth of rocky field is much more higher than what it looks. I'm not going to explain more because I don't wanna hurt SP more than this.
MQR Price at posting:
19.5¢ Sentiment: None Disclosure: Held
