Because your nickel laterite cobalt play held by HRR? would probably require $500m plus CAPEX to get into production using a high pressure acid leach.
All of these plays require complex met skills to get in production. One only needs to look Compass with their leaching issues even at atmospheric pressures.
I really like this project but unlike deejay have no faith that the current management team has the capability to bring it into production.
cobalt breaks 23,800, page-116
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