So correct me if I am wrong :
At current LME (US$80K/tonne) that is AUZ$5.5Billion worth of Cobalt - based on 0.06%, but now it states that the cobalt is 0.11%.
So that would now amount too with 0.11% cobalt metal : approx AUZ$10Billion worth of cobalt at current LME prices.
Have not even included the Nickel and other mines yet.....Why is everyone worried about, should be scrambling to throw more into this by breaking a few more piggy banks IMO.
WOW!!!!! - the Koreans definitely did their DD alright....and have tied a deal to make sure no one can get in with AUZ....
Now can everyone see that a few exta days of being on suspension to iron out this deal in final is normal.....SK and AUZ have confirmed these in the press already in both countries.
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So correct me if I am wrong : At current LME (US$80K/tonne) that...
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