Bear in mind, COB 859ppm Coeq, while OPUWO is 2070ppm Coeq. If stripe ratio, recovery rate, labor costs etc are the same, if COB C1 is US$9.34/lb, OPUWO C1 could be only at US$3.86/lb (9.34*859/2079).
Sulphide usually is a lot deeper, for COB it requires $23M for pre-strip. However Sulphide’s processing cost is much cheaper. Capex is only less than half for what Laterite required (usually > US $1BN).
Sulphide comes with acids, it only needs 10% of what Laterite needs for processing.
Cobalt is a strategic asset, Opuwo is the largest ethnic Cobalt mine.
- Forums
- ASX - By Stock
- CLA
- OMG! CLA 11c fair value, says broker report
OMG! CLA 11c fair value, says broker report, page-198
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLA (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.70M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $159.9K | 15.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 6692274 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1751934 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4892274 | 0.010 |
12 | 5725441 | 0.009 |
7 | 6855074 | 0.008 |
2 | 588560 | 0.007 |
1 | 200000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1751934 | 5 |
0.012 | 733849 | 2 |
0.013 | 913728 | 6 |
0.014 | 263858 | 2 |
0.015 | 3013153 | 7 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
CLA (ASX) Chart |