CNB 4.82% 39.5¢ carnaby resources limited

Fantastic cobalt results, page-9

  1. 3,382 Posts.
    lightbulb Created with Sketch. 1080
    Agreed, presence of cobalt at Skuterud known historically (skuterudite!) and has been shown in drill core. At the site currently being explored (a small portion of the tenement and the theoretical strike) cobalt minerals are disseminated with some bands and blebs and is probably a replacement deposit. Nothing wrong with that, except scale is needed to make it economic. We won't know about scale until drilling probes more widely. Copper recovery will probably be important to the economics too, if it does end up at around at 0.5%.

    News due on Gladhammar, Tunaberg and Lainejaur as well.

    People will be waiting to trade enthusiasm here, so expect weird volatility with announcements. If you read them carefully for yourself, you can make informed decisions based on reality. There's been some poor interpretations of news on HC lately.
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.