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Most Undervalued Sulphide Cobalt Compared to ASX Cobalt Peers-Next Cobalt Black Horse, page-23

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    JimNifty, I see what you are getting at now. The answer might be in the nature of the geology of the deposit and how it formed. Old shale bed that was once horizontal and now extends downward till it becomes irrelevent? I'm far from being a geologist though. It seems that that they have assigned resource percentages to the minerals in the inferred regions, not sure how you would guess at those without samples.
 
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