Scoping Study & Capex - Sulphides vs Laterites, Why CLA is so well positioned, page-43

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rastus2

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12/04/18

10:55

Post #: 32402158
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Originally posted by nimbus24 ↑

With all this talk of the price of cobalt and how we are going to process it. One would think that the JORC-icle had come and gone 12 months ago!!! I would have thought that by now if the BOD were confident about what everyone on here seems to think (or speculate) concerning grades and tonnage: Then they would already have done a preliminary SS and put in progress a procurement program and started to do some of the preliminary site work for a pilot plant. In order to save vital time.
In the same professional way that NTU did with their mine in north
of WA which is now in production in record time. (I hold)
The way things are progressing it will be 24-30 months before any dirt is dug out of the ground!! And remember things move very slowly in these countries. For many reasons??
Instead they are frantically looking for geologists with driving licences…….. However this is not so funny. Assuming they are looking for local talent (which they should be). The general economy in Namibia is such that the average student (geologist or otherwise) would most certainly not be driving a BMW! Rather a bicycle.
As you imply dunny it all seems to be taking to long for things to happen.

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yeah, how lazy are CLA for not doing the JORC 12 months ago....
Naturally, to do that they would have to start drilling before they actually got their hands on the land. ??

You might want to do a bit more research before you down ramp ;c)

Last edited by rastus2: 12/04/18

CLA Price at posting: 16.0¢ Sentiment: None Disclosure: Held
18 Upvote

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Scoping Study & Capex - Sulphides vs Laterites, Why CLA is so well positioned, page-43

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Scoping Study & Capex - Sulphides vs Laterites, Why CLA is so well positioned, page-43

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