All "quotes" are from this morning ASX release:
"Metallurgical test work shows that cobalt is contained within the pyrite mineral lattice and is thus intimately associated with pyrite.
It follows that recovering pyrite will recover the cobalt."
"Previously reported prefeasibility studies indicate that there is a sound basis for determining reasonable prospects for eventual economic extraction of the Kalkaroo copper-gold mineralisation and cobaltian pyrite as a by-product."
"Commercial methods for recovery of cobalt from pyrite, other than by comparatively expensive fluidised bed roasting, are being actively investigated and tested."
Hence the significance of COB's press release 2 days ago!
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional expert
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