Fair Point chadza, but don't forget mining costs are only a minor fraction of total costs. The critical cost driver in producing cobalt are processing costs. And CLA is having simple ore with low impurities/arsenic content and should have due to this a huge cost advantage vs. peers.
I don't want to make a judgement about N27, i had to be honest only a quick view about the fundamentals.
But a comparison "we have better grades and are nearer surface and we'll therefore achieve also the marketcap xyz" won't work.
RML Price at posting:
70.5¢ Sentiment: None Disclosure: Not Held
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