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Probably dents investors confidence at this time. Capex in...

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Lowkeyinvestor

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1288

04/07/18

21:06

Post #: 34145505
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Originally posted by Names little ↑

COB seem to get hammered today after releasing its PFS, perhaps the high capex cost? Was this caused by its low ore grade,or some other factors

Seem a lot lower grades than PIO project if I am working the grades out correctly, not sure how COB compared to other projects, hopefully their PFS doesn't dent confidence in Cobalt in general. What's people's thoughts.

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Probably dents investors confidence at this time. Capex in mining is the risk for the lender.

But wait till King Cobalt demand matures a little more then those battery manufactures/users will gladly stream the funds to get the supply.
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