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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