so - roughly -
average 6m. over approx. 500 *800m
av. grade .22% COBALT
in ground value US$ 396 m.
Been told should be minimal cost to extract.
So roughly, generously allowing half for extraction, the value of the cobalt in this top section alone should be about
AU$ 300 million.
Now this is just one of the sweeteners to this prospect.
Looking at GOLD credits, with gold over AU$3000 per oz.
OTHER PROSPECTS:
What about the gold potential at Yuinmery? This has the potential to be HUGE. Needs a bit more drilling.
Other prospects also - some IMO, highly prospective.
MC currently, $4.6 million. CRAZY, IMHO!
so - roughly -average 6m. over approx. 500 *800mav. grade .22%...
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