'We're going to get back at it this summer with some drilling,' shared Mell, adding that the project represents a large resource of Cobalt with Copper as an important byproduct. 'People are looking for cobalt investments,' said Mell, before elaborating on the Company's Cobalt project in Idaho. 'Now that the interest is back, Cobalt is up 28% in the last five weeks,' he added. 'Cobalt was in a bear market until recently, so we were focused on executing on the refinery,' said Mell. The conversation then turned to the Company's updates on their Idaho and Ontario projects. 'The American consumer is a powerful force, and when the American consumer starts getting behind a product like this, the adoption rate could really surprise to the upside.' 'When you overlay the Biden administration with a $2 trillion plan for green investments, that just really opens up the window for us to replicate what has happened in Europe,' said Mell. 'The kind of cars Americans want are starting to come to market,' added Mell. 'This year we've got an increase in the number of electric vehicle models available, jumping from 16 to 39,' he explained. 'What does the Biden administration mean not only for First Cobalt, but also for the battery and electric vehicle space?', asked Jolly. 'We're working on our EPCM contract so that we can commence construction early this summer on the expansion.'

'We're also working on putting an owner's team together,' explained Mell. 'Right now, we're working on the debt financing for the remaining amounts,' said Mell. 'Since that has happened, we've announced feed agreements with the two best cobalt hydroxide producers in the world,' shared Mell, adding that the Company also closed a $9.8 million financing. 'I think when that happened the market started to look at us differently,' said Mell. Mell shared that the Company announced $10 million in public funding from the Government of Canada and Government of Ontario in December. 'What is the next upcoming catalyst for your company?', asked Jolly. President and CEO of the Company, Trent Mell, joined Stock Day host, Everett Jolly. (OTCQX: FTSSF) ('the Company'), a North American pure-play cobalt company whose flagship asset is the First Cobalt Refinery. January 26, 2021) - The Stock Day Podcast welcomed First Cobalt Corp.

First cobalt stock december