AUZ 5.26% 0.9¢ australian mines limited

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  1. 3,068 Posts.
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    Hi ntsb
    What has NZC got to do with cobalt?
    CLA is a sulphide deposit that is very marginal to ever get going, check out how much power Namibia has as a country, it is 330 MW from a hydro and a busted coal plant that supplies 30MW from a possible 120MW. A plant like they are proposing with now going full scale to final product includsve of Arc Furnaces and underground mining with HV ventilation and winder shaftswould use in the vicinity of 80-100MW of power, the whole country only makes 350MW. Wheres the closest port , 750Km away with no train line, then from port check out route to Asian customers, guess who pays for transport , not the customer.
    Do some research before comparing companies that have no comparision due to different minerals, or other companies that have little hope of ever going into production. I'd stop listening to people who have no idea on HC.
 
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