eCobalt Solutions Inc. said Dec. 5 that its shares will start trading on the OTCQX Best Market under the symbol ECSIF the same day.
President and CEO Paul Farquharson said the recently completed feasibility study on the company's flagship Idaho cobalt project laid the path for project optimization, near-term construction and production of environmentally sound cobalt products in the U.S.
The study pegged a posttax net present value, discounted at 7.5%, of US$135.8 million, with a 21.3% internal rate of return.
