Ann: Purchase of Equipment for Nico Young Cobalt-Nickel project, page-5

I've always thought JRV would be the first ASX listed entity into cobalt production. This announcement reinforces that view. There are some higher grade projects elsewhere in the world but they are hugely capital intensive and years from production. JRV is extremely well placed to move into production quickly and take advantage of the high cobalt prices thus building real revenues and large profits well before other ASX listed cobalt hopefuls. This management team also has first class credentials to execute on the plan. Big ticks all round in my opinion.