AFR articleNickel’s concentration of 0.16 per cent at Gonneville is lower than 0.2 per cent-odd grade that IGO’s Nova mine spews out as byproduct, fund managers pointed.
While Cobalt’s grades of 0.016 per cent weren’t even worth talking about for two fundies.
To sum it up, the bears think Chalice has struck a lot of tonnes but not enough actual, recoverable metal at Gonneville.
And that could flow on to the future earnings
