Funky,
I fact checked your numbers, they are correct. But I don't see your point. Your saying that gold is profitable to mine at 1 g/ T but is 512 times more profitable than cobalt. By that reckoning you would say that cobalt becomes profitable at 512 g/T? The most recent announcement for COB stated 72 Mt at 852 g/T.
Sounds profitable to me.
Ann: Thackaringa - Significant Mineral Resource Upgrade, page-35
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