For me the Cobalt has suddenly snapped into focus with the increase in the price and the recoveries of both the nickel and the cobalt from what they are saying on the videos. I get an approximate increase of $50 million AUD from the cobalt price to the bottom line. Then if they improve cobalt recoveries by 10% add approx another $20 million AUD . If they double the nickel recoveries then add another 30 million AUD. Suddenly looking like a ripsnorter IMO. Anyone care to check those figures....? I'm interested to hear other opinions.
BAR Price at posting:
5.5¢ Sentiment: None Disclosure: Held
