"The study estimated it would cost about $400 million to develop the project, which had the potential to generate net cashflow of $1.1 billion based on current values, over an expected 17-year mine life...
...The annual cobalt production profile in those maiden years is potentially as much as such current leading global suppliers”
http://www.mineweb.com/archive/worlds-fourth-biggest-cobalt-deposit-outlined-in-australia/
Now lets face it, Barra is a long way off from having the means to develop a project like this, but the resource is there, and becoming more attractive with Battery gigafactories.
Management must remain on the low-risk path of extracting value from their gold assets in the meantime, and as Philips find morphs into 50,000-100,000oz annual gold production and royalty expands from Kidman, perhaps more can be afforded on this front. Conico will also have to pull their weight, or hopefully sell out of it...
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