Today's announcement:
At first glance, V good results: 72% of the resource now in the indicated category = derisk the project.
Overall Cobalt resource up 31%: this may mean annual production potentially up from 4000 to 5000 ton of equivalent Co metal per year conservatively. Roughly, based on current prices an add Au$ 60 Million of Ebitda/ y = Au$ 310 M/y based on calculation on post above.
Keep in mind, so far only 107 M COB shares on the register.
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