RML resolution minerals ltd

highest cobalt grades in australia, page-34

  1. 2,946 Posts.
    lightbulb Created with Sketch. 2627
    Completely agree johnny.

    As an example, to get 6500t of contained cobalt, management only need to get 3,250,000t of Co at 0.2%z

    As a guide, that's a strike of 400m long x 100m wide x 30m deep x 2.65 SG (density)...

    That's a very small footprint! And give us shareholders a high chance of getting a mine.

    N27 will get this NO PROBLEM IMO.

    So think of it like this. Current MC of 30m or 26m EV for a very solid chance of a Co mine...

    That's not factoring further exploration upside which exists due to the fertility of the land.

    Risk reward definitely is our favour at these prices! N27 to march north!
 
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