COB 4.29% 7.3¢ cobalt blue holdings limited

Cobalt Blue attracts funds., page-17

  1. 264 Posts.
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    Still as an indication: Cobalt Capex is USD 350Million including US$ 65 million back to 2013 when the project was stopped as deemed non viable back then. Also the mine targeted to be in production for only 12.5 Y // 20Y + for COB and Cobalt would represent 75% of income Cobalt // 95% for COB ( balance would be the elemental sulphur)
    To evaluate COB CAPEX is the tricky part. We should have a better idea when the remaining Metallurgical tests results are out in 1 week or so. We will know then which method they plan to use .
    We do have some indication via the Scoping Study announcement of July 13th especially page 4. I believe they are testing now Option A for results and.. costs. It may be difficult for us to estimate as it seems it has not been used before, since COB says they would want to protect the IP. At first glance Option A seems way cheaper than what ARL/ CLQ would be using. + let's no forget that COB would only have to treat 20% of the ore mined thanks to their way to obtain a concentrate. More info see
    https://hotcopper.com.au/threads/ann-scoping-study-update-strong-potential.3541728/#.WhznKa2PBE4
 
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