FCC first cobalt corp.

Ann: First Cobalt Begins Testing Material for Refinery Restart, page-2

  1. 2,649 Posts.
    lightbulb Created with Sketch. 2126

    Did Trent just drop a little gem in there hidden at the back?  Afterore sorting [of muckpiles], the average feed grade was increased from 0.081% Co and 46 gpt Ag to anaverage of 0.575% Co and 190 gpt Ag. With just that part (and more to come) estimated at 190-290kt that would make it at say 250kt x 85% recovery ~200kt @0.575% = ~ 1,000t of Co @ $70k/t = $70M revenue just there (obviously not profit, but still). Vs an AUD mine start up cost of $35m. Plus the silver!


    Was this announced before? Or how come the market has missed this? Or did I stuff up in my calcs? If I'm right this must be by far the best, easiest and most undervalued Cobalt stock out there!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.