Nice work Danzas.
If tonnage went to say 50mil in JORC with the extra depth @ .13% is it correct to say 1.3kg of cobalt per tonne in ground plus Cu?
1.3kg x 50,000,000= 65,000,000kg / 1000 =65,000 tonnes cobalt + Cu credits.
65,000t x US$75,000 = US$4.875 billion @ todays prices + Cu before any costs or recovery losses.
That seems a huge number at this stage for a market cap of AU$68mil.
Am I missing something here, like a decimal point or something???
The mining and processing costs can't be anywhere near that number for this resource.
Frankly, I do not really understand, page-45
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