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1.22% 8.3¢ cobalt blue holdings limited

Ann: Railway Drilling Program Confirms Grade Continuity, page-81

  1. bob1010
    51 Posts.
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    08/12/17
    12:49
    Post #: 29484350
    Do you have any understanding of mining? There is going to be a cost of getting this stuff out of the ground and with current prices and recoveries it just won't be economical (0.8% Cu eq). A decent sulphur % will lead to a large amount of acid as well. Too much risk/hype at the moment but will pay off if prices rise or DRC supply in hindered.
    COB Price at posting: 57.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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