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31/12/17
23:28
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Originally posted by El Jefe
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Im curious are there any copper/cobalt sulphide as opposed to laterite projects based in Australia comparable to whats in the DRC?
Sulphide projects are much more straight forward and less capital intensive than the laterite projects.
I presume CLQ/AUZ are both laterite projects given the huge capital costs to get those projects off the ground. I think the opex is also a lot higher for these project. Given any downturn in copper/cobalt price for whatever reason these are the projects that will stand the test of time.
I know NZC is a sulphide project but not aware of any other on the ASX?
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Often the costs are offset by accompanied
minerals CLL for example alumina and nickel.
HLX is on track for copper, zinc in the VMS
zones and cobalt, nickel and potentially
ree's in the laterites.
Same area as CLL. Possible shared use
in this region ( NSW ).
Cheers
Last edited by
11up :
31/12/17