News from Kenya this week that talked about raising their "windfall profit tax" from 31% to 47%...and unrest, in general, in the African countries is too unstable to be able to keep a "constant" supply of the material in the manufacturing flow...that is one of the only sourcesof high grade cobalt...that and the Swiss company that owns about 80% of the world's cobalt!
The U.S. government and its private businesses need this deposit of high grade and super alloy cobalt for "National Strategic security"...for planes for the military and for companies like Boeing who provide the main product that the U.S. exports!
This is what will help the trade balance of the U.S.... that is so badly overweight against the American people, that we need this new mine badly to help solve the materials problem of cobalt...which looks to be climbing higher in price as its rarity becomes more known!
Best Regards,
Long for Cash