Ocean Minerals

“With the recent crash of the cobalt price and nickel For all sorts of reasons, and that's the topic for a whole different discussion, but particularly those two metals with the depression on their prices, our project remains profitable, and the reason it's pro…”

“The other thing to consider is that we are bringing up one ton of material, and in that one ton of material, we are producing the same amount of metal As you would need to have anywhere between three and five land-based mines. So for them to get the same amoun…”

“In the case of the Cook Islands nodules, rare earths as well, which is another thing everybody's hot about.”

“The mining system CAPEX is around five hundred million dollars you know, the processing plant probably around two billion dollars but what, For that investment, do you get in return for your project? So, you know, our project is in anywhere between three and f…”

“We don't have all the big capital costs of infrastructure, power lines, roads, rails, Dams, et cetera, which means the cost of capital for us is going to be lower. You know, we are going to spend less money building a ship to go mining than what you will do pe…”

“We, as a company, for example, are not inclined to explore in, ah, US territorial waters, ah, because our investors are not given the kind of Assurances and rights that we would get in other areas that would allow us to get a return on an investment if we were…”