LOT 1.35% 36.5¢ lotus resources limited

1 g/tonne gold has an in ground value (igv) of usd 40. 1% cobalt...

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    1 g/tonne gold has an in ground value (igv) of usd 40.

    1% cobalt has an igv of usd 550.

    1% cobalt as has gold equivalent value of 13.75 g/tonne.

    That is why 0.1% cobalt grades or lower can be considered economic.
 
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