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0.1¢ conico ltd

Ann: Market Update - Delay in Assay Results, page-155

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PigsMightFly

7,705 Posts.

2797

25/12/21

15:07

Post #: 58517109
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Originally posted by rolling: ↑

I think you are wrong about Mt Thirsty.

For starters, battery’s have to be affordable. There is a limit to battery metals prices otherwise uptake will be slow to non existent.

Mt Thirsty has a low NPV, a low IRR and a high capital expense. I can’t see it ever being developed. It won’t take much for it to be mothballed and into administration.

If Greenland is no good, CNJ is stuffed, imv.

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The punters have ~~gold~~ cobalt fever. They aren't interested in reality.

CNJ Price at posting: 3.5¢ Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

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