The WM project looks likely to be a cash cow. It is interesting to note that the ore from the oxidised zone was not included in the totals in 2019. This, coupled with the reduction in reliance on crushing media leads me to assume that their is a decent amount cobalt in this zone, which will be leached from the oxidised ore. If there is copper in the oxidised zone, it is generally a given that it will be accompanied by cobalt in this region.
OZL Price at posting:
$10.85 Sentiment: Hold Disclosure: Held
