Copper - Cobalt - Gold - Zinc outlook, page-2

Cob was 25c  on September 2021 and Cla around 2.5c
Now cob reaching 70c and us  struggling on the bid to 2c … something is not right there , just hope that zinc association was the main problem ….Drillers loosing 30% on their stock and eveblu never changes their tactics ….. time to top up soon

“During the half year, the Company continued to notice the upswing in Cobalt prices during 2021. This is driving the renewed focus to advance the project. Two ongoing mineralogy studies with the University of Leoben (Austria) have shown that cobalt has a strong association with the zinc sphalerite minerals rather than the previous thought copper / iron minerals. This would explain the previous poor floatation results where the zinc was suppressed. The poor concentrator recoveries meant the high pressure autoclave refining stage was uneconomic due to high gangue minerals. It is now thought that focussing on a zinc flotation with roasting in conjunction with, or hydrometallurgical refining would achieve an economic outcome. The Company now plans to obtain fresh metallurgical samples by diamond drill core and undertake a new metallurgical test program.”