This is what I have on my notes regarding cobalt grades:
A : 0.05% - 0.1% (or 500ppm - 1000ppm) = good grade so long as you have a sizeable resource
B: 0.1+% - 0.2% (or 1001-2000ppm) = is a grade most Cobalt juniors get really excited about
C : 0.2+% - 0.5% (or 2001-5000ppm) = a grade to send give you a hard on
D: 0.5+%-1% (or 5001-10,000ppm) = heart attack territory
E: 1 % plus = heart resuscitator needed grades.
Presentation says we have 0.17% which is very exciting, but alot of work to go to prove up the resource is my understanding, what we want is a sizeable resource. Hitting 1%+ plus in 1 hole doesnt a resource make
RML Price at posting:
34.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)