This one has got me tossed. The company reports Co at 900 ppm that is 0.09%.
Not sure why the company reports in ppm when most do%
This means its ore has a value of about $75/ton.. one is going to work hard to make this profitable.
Not much of a margin.
One has to hope Co goes over $100k/ton and sustain it,
I attended a conference in Brisbane today and the man from Far East Capital =WG (promoting self intrest) cast real doubts on both Lithium and Cobalt. Many attendees disagreed with WG
COB at 12 month high on compeling cobalt story., page-17
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