My quick estimate - At Quicksilver, cobalt - AU $300 million in ground value. MC value of 48 million -for COBALT alone,for just top section only! would give 20% profit per year for 10-year life of mine. Add in GOLD credits - SIGNIFICANT. Rare earth credits too.
Where does it all come from? RIO has recently taken up adjacent prospects - interesting.
YUINMERY- fantastic prospect- GOLD.
Plus Yarrambee - large igneous complex-? Nickel? PGE? Copper? Lithium?
Plus Marble Bar- Lithium and Gold prospects- still awaiting granting of one tenement. Soon?
Plus some joint ventures- Gold.
Funding completed for time being.
GOLD - AU$ 3,549.00 per oz. today!
G88 Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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