Cobalt Price, page-25

The best short term bet for PIO is the microcline. We have over 100,000 tonnes in stockpile and 700,000 to 900,000 drilled on a granted mining lease. This is a product in demand. It will produce immediate cash. The important criteria for buyers are quality and consistency of supply and mineral content. Having a significant stockpile helps with these criteria. I would expect that our management are trying to arrange long term connections. This takes time but is important. Cash flow is not pressing.
Of course we can engage in an exploration of first rank prospects at the same time. Cash flow from this activity will be much further away than income from microcline and pollucite.