@cfp ..........." top 10 producer of cobalt soon enough...

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ozblue

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27/02/19

09:04

Post #: 37581165
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Originally posted by cfp ↑

Originally posted by ozblue
IMHO that is a good analysis @HAC30 thanks.

Some of the statements made in these threads are just unbelievable and usually with no basis. I take the last comment by @cfp " we will be cashflow positive".
Huh??
Where is the evidence for this?
There is no indication from the company of the price of 'ore'.
There is no indication from the company of the cost of processing.
There is no indication from the company about recovery.
There is no indication from the company about offtake pricing.
There is no resource.
There is no feasibility study.

Basically any and every comment about how much cashflow there will be or how much the share price will open at, are unsubstantiated ramping, simply because all the above are unknown, despite nearly 9 months of suspension.
@ozblue, you know as well as I do that all those questions will be answered in the prospectus, we will not have the prospectus out until we have satisfied all of the ASX requirements, did you also realise, if after all costs are deducted and we have $1.00 left then we are cashflow positive, really I think you are looking for things to find wrong, everything will be revealed as soon as we satisfy the ASX, until then, who knows, there is a resource, it will be 53,000 tonnes a month from 7 different suppliers at a minimum of 1%, that is an easy one to find, also anything that is discussed in here that is not in an official announcement released through the ASX is unsubstantiated including your fears, top 10 producer of cobalt soon enough regardless of what you say or want.

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@cfp ..........." top 10 producer of cobalt soon enough regardless of what you say or want."

Can you provide a link or list for the current top 10 cobalt producers?? Then can you provide any evidence, link or company announcement that states WFE will produce more cobalt than some of the existing top 10??
Not a statement saying 'top 10' but actual numbers.
Answer is no, because there is simply no evidence yet.

WFE Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
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@cfp ..........." top 10 producer of cobalt soon enough...

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