One thing to remember re ARL vs CLA:
ARL cutoff is 0.05
CLA cutoff is 0.06
Core mentioned if CLA cutoff was 0.04 there was 13% more resource.
i.e.
"The cut off grade of 600ppm (0.06%) was selected. This cut-off is higher than many of its peers, an indication that management is being cautious in its resource estimation and the economic resources may actually be much larger if cobalt prices were to hold up. For instance, at 400ppm (0.04%), the estimated resource is 142,800 tonnes or 13% higher."
I'm figuring BB being conservative how he is, get those drills spinning in the the northern parts and maybe 0.06 will be fine...
Is the cobalt argument laterites/sulphides the equivalent of lithium and brine/hard rock? We shall see...
One thing to remember re ARL vs CLA: ARL cutoff is 0.05 CLA...
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