Hi silky84
I have gone thru this a coupla times with you and you appeared happy with my explanations a few months ago. What is the concern now? As I explained and demonstrated previosly to fulfil the 6+7 yr there is sufficient ore using a 75-80% conversion rate of resource to reserve for cobalt without including to current drilling program that is targetting the indicated high cobalt resource at Lucknow as well as the exploratory high cobalt strikes that MLM and Straits identified in drilling programs at Greenvale in 2008, 2009 and 2012 but not included in Mineral Resource upgrade of 2013 due to drill spacing not meeting JORC guidelines.
There is more thsn enough Ni to last over 20 yrs without the next resource upgrade.
AUZ Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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