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02/11/18
17:40
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Originally posted by Ashentegra
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Go rick!
FCC's MC (Canadian) at 19.5c is now $C66m. That is nil value on the Cobalt Cap properties, say, $10m for the refinery and the rest for Iron Creek.
Trent Mell bought 50,000 shares on-market yesterday. That is only $10k, but as he is taking shares in lieu of salary already is a big vote.
Canadians on stockhouse.com are grizzling about salaries - stuck in capital preservation mode. Nongs.
I posted there suggesting a merger with eCobalt - two mines, share ECS Idaho concentrator under construction and FCC refinery. That would make the vertically integrated claim real. FCC and ECS have probably discussed merging a dozen times.
Ash
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Ash, eCobalt is expecting to go into production in 2020, it's estimated to take 18 months for us to restart the refinery from memory. If we start refurbishing it soon, that should marry up perfectly.
Someone dropped 250k in one clean hit on this today.
Last edited by
rick26 :
02/11/18