I think the bigger picture is Platx Limited (Mark Creasy owned) spending $359k++ on their tenement directly adjacent to Mt Thirsty over the last year. As I have discussed before the mineralisation of Mt Thirsty continues into their tenement. The most likely scenario is an agreement with them to mine the whole belt. With this in mind I doubt management will be involved beyond arranging a feasibility study.
virgo888 Mt Thirsty can achieve 1:1 Cobalt:Nickel extraction while HRR deposits you are looking at 1:10-1:20 extraction.
Compare BAR/CNJ with other "stand alone" Cobalt projects particularly those listed on the TSX and CNJ/BAR with their low Capex requirement seem undervalued.
- Forums
- ASX - By Stock
- cobalt breaks 23,800
I think the bigger picture is Platx Limited (Mark Creasy owned)...
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNJ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.201M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $10.08K | 10.08M |
Featured News
CNJ (ASX) Chart |