COB

1.14%

8.7¢ cobalt blue holdings limited

Ann: Thackaringa Cobalt Project Pre-Feasibility Study, page-51

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xGenesis

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04/07/18

11:28

Post #: 34129185
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Originally posted by TrendTracker ↑

Found this statement perhaps the most significant:

"Empirical recovery of cobalt in the testwork was 86.8% from ore to cobalt sulphate. This was de-rated to 85.5% to allow for scale-up to commercial production. Optimisation of cobalt recovery, in the BFS, could have a positive impact on project economics. Sensitivity analysis in the PFS, showed that a 1% increase in cobalt recovery, increased post-tax NPV (7.5% WACC) by 3.3%, and a 5% increase in sulphur recovery increased post-tax NPV (7.5% WACC) by 2.4%. Cobalt Blue has an aspirational target of 90% cobalt recovery, with higher cobalt recovery potentially achievable by improved liberation of pyrite in the concentrator circuit by using a finer particle size (a finer particle size resulted in a 2% increase in cobalt recovery in the concentrator circuit, as reported in ASX Announcement 27th Dec 2017) and use of recycle streams throughout the flowsheet to minimise cobalt losses."

So if they hit an aspirational target of 90% recovery of cobalt then IRR increases by 4.5 x 3.3 = 14.85% so up to 35.85% before any mine life increases? Is this correct?

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Thats sounds way to high though may be correct, it will take a while for myself and others to compare all the data and come to a final conclusion.

COB Price at posting: 69.0¢ Sentiment: Hold Disclosure: Not Held
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Ann: Thackaringa Cobalt Project Pre-Feasibility Study, page-51

ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

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Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Immutep reports strong response rate from immunotherapies treating carcinomas

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Ann: Thackaringa Cobalt Project Pre-Feasibility Study, page-51

Top Stories

ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Immutep reports strong response rate from immunotherapies treating carcinomas

Nimy to raise $1.21M to explore 'newsy' WA targets

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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