COB cobalt blue holdings limited
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Ann: Drilling Campaign Update, page-3

  1. hoek67
    1,446 Posts.
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    05/02/19
    09:25
    Post #: 37330544
    So... if my maths is right.

    Assume on average 1000ppm (parts per million Cobalt) then every tonne of ore should have ~1 kilogram of Cobalt given a tonne is 1000 kilograms.

    I would assume 1 kilogram of cobalt for a tonne is good? (currently says market price is $21 per 100 grams aka $210 for a kilogram)

    So many variables... including the costs to actually mine etc that will eat into the $210 a tonne.
    COB Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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