I am just going to add some points to your guidance on NZC and...

I am just going to add some points to your guidance on NZC and ECS.

NZC in DRC so thats an FA cross for me. Not every investors appetite is going to take on DRC especially for the very long term holdings progressing to production and constant flux in their regulation and political regime. I do admit they have significant quality resources.

Also ECS recently upgraded their resources to:

• Total Measured and Indicated ("M&I") resources increased to 3.87 million tons at 0.59% Co, compared to 3.44 million tons at 0.59% Co.
• Inferred resources increased to 1.82 million tons at 0.46% Co from 1.54 million tons at 0.50% Co.

That's a very small high grade resource but a very small footprint. Looks like a high grade cobalt lens or pod. Unsure of further exploration potential for ECS with expansionally and along strike can yield further upgrades in their resource. They are ahead from a project maturity perspective.

I also note that ECS' market cap is $231m CAD.

You have taken outliers in the data from all cobalt resource projects around the world and focused on DRC and ECS as the outliers in your data.

The real average across many good projects should be >0.1% Cobalt which is also dependant on size in mt.

https://finance.yahoo.com/news/ecobalt-announces-increase-measured-indicated-120000895.html