COB - significant strip ratio on the deposit and a crush/float/pyro met process.
Less that 1kg Co content per ton of ore - giving only about IGV of AU$50-60 to do all of the above (based on current prices and 100% recovery)
IMHO probably another non starter without some sort of co-product (unless the will also sell the S and Fe)
Also cant work out the grind size from the preso - is it 100-200um or 1.2mm?
Almost an order of magnitude difference between the two with significant impact on the crush cost/process.
CLL Versus other Cobalt Companies, page-2
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