YTC ytc resources limited

cobalt

  1. 1,239 Posts.
    Since I know nothing about cobalt, here's a bunch of questions to those who know more:

    "New copper-cobalt target at Nymagee – rock chips to 1.5% Co and 0.8% Cu"
    http://www.ytcresources.com/i/documents/5/8/1178744.pdf

    How good is that as a result?

    Checking LME prices, I found 1 tonne cobalt = $24000.
    That would translate to $12 / pound (500g). So basically tripple the price of copper.
    Does that mean (3x)1,5 Co + 0,8 Cu = 5,3% copper equivalent?
    That would be really nice, I guess ...

    What's capex for cobalt mining compared to copper?

    Can a Cobalt circuit be integrated into the Hera/Nymagee plant?
 
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