1. Limited exploration and production capabilities: Compared to its peers, International Cobalt Corp has limited exploration and production capabilities, which may limit its ability to discover and extract valuable mineral resources.

2. Limited financial resources: The company has limited financial resources, which may restrict its ability to invest in exploration and production activities, as well as to compete with larger and more established companies in the industry.

3. Dependence on a single project: International Cobalt Corp is heavily dependent on its flagship project, the Blackbird Creek Project in Idaho, which may expose the company to significant risks if the project fails to deliver expected results.

4. Lack of diversification: The company's focus on cobalt and other battery metals may limit its ability to diversify its portfolio and mitigate risks associated with fluctuations in commodity prices.

5. Limited market presence: International Cobalt Corp has a relatively small market presence compared to its peers, which may limit its ability to attract investors and secure financing for its projects.

6. Regulatory and environmental risks: The mining industry is subject to strict regulatory and environmental requirements, which may increase the company's operating costs and expose it to legal and reputational risks if it fails to comply with these requirements.

7. Limited track record: International Cobalt Corp is a relatively new company with a limited track record, which may make it difficult for investors to assess its potential and evaluate its performance compared to its peers.