/S
Yawn, nothing to see here. Only pissant 1.8-1.9% Cobalt grades, the maximum grade being just 6.5% -pffff. They might have identified even richer,thicker grades but who cares with a big W....
Let me sell my cheap options on back of this news (or any other news for that matter) and invest in ARL (0.11% grade), CLQ (0.10%), EUC(what grade ?), COB and other blink and you miss grades...
Give me low quality difficult to extract laterites with humongous capex requirements anyday over high grade sulphides with cheap capex - really a no brainer
Love efficient markets
S/
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