Excellent note, thanks for contributing. Similar to Crash I'm...

  1. 878 Posts.
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    Excellent note, thanks for contributing. Similar to Crash I'm not a geo but have done some research. From the recent Ann they think they have Cobalt in the form of asbolite which is actually easier to process and also higher grade. I think preliminary result from the 4 holes the drilled recently returned upto 2.6% Co which they keep pointing out is a lot higher than the minimum 0.11% normally accepted as commercially viable. I've been following other Cobalt socks and so have some limited understanding how this works. Having Cobalt Sulphate in ready form is rather unique. With ready Cobalt Sulphate they should be able to just dig it up, crush and concentrate it and get it to market. Problem with this method is that it will not be battery grad so not likely to fetch the kind of prices that would normally apply. Battery grade Cobalt Sulphate is 20% Cobalt metal with minimal impurities. What we don't know about Mt Cobalt is how much of the stuff they actually have. They only just started testing so very much early days. Keep digging, this is exactly the kind of POV we need here.
 
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