just one last point on the Co sulphide side - it just goes to show the high leverage CLA potentially has to the Co price rise.
for example Hartleys resrearch report called it to 19 cents based on (I believe) 60,000$ dollars a ton for Co.
So if CLA production costs are around 40,000$ a ton (as was guessed at and implied to me long ago by BB before any mine planning) then CLA profit is only 20,000$ a ton.
However if CLA selling at 120,000$ a ton- then profit per ton is 80,000$ - thats a 400% increase in potentail profitability- with cobalt price up just 50% - this is what I'm saying just think it through- the sulphide being doable is huge news alone- for anyone who thinks about it a bit more than JUST JORC size and exploration potential etc etc...
so when the comming "cobalt cliff " hits ...we gonna fall up it not down it and with leveraged acceleration....![]()
just one last point on the Co sulphide side - it just goes to...
Add to My Watchlist
What is My Watchlist?
