Apologies if posted previously....

Apologies if posted previously.

https://www.google.com.au/amp/s/see...le/4090153-cobalt-miners-news-month-july-2017


Matt Bohlsen

Cobalt Miners News For The Month Of July 2017

Clean TeQ [ASX:CLQ] (OTCQX:OTCQX:CTEQF)

Clean TeQ owns the promising Syerston nickel-cobalt laterite project, one of the largest cobalt resources in Australia. It also has scandium and Robert Friedland on-board. Its DFS is due in Q4 2017.

Cobalt projects by grade and size (courtesy of FI Fighter's research)



(Source)


Note: Only the high-grade KNP resource of Ardea Resources has been included, total cobalt resource is higher (see table below). Also, not a complete list (excludes Glencore, Katanga Mining, and China Moly's DRC mines). The table below also leaves out Metals X (Wingellina).

Australian cobalt projects listed by resource size including grade




(Source: Ardea Resources)


Ardea Resources [ASX:ARL] (OTC:ARRRF)looks the standout to me of the Australian cobalt companies, especially given it still has a small market cap of AUD 48m, and a very low EV/resource ratio. Few investors realize how massive their resource is, as stated by the company, it has "Australia’s and the developed world’s largest cobalt resource", with 5.6 million tonnes of contained nickel (@0.7%), and 386,000 tonnes of contained cobalt (@0.05%). Its higher grade KNP cobalt zone has 85,410 tonnes of contained cobalt (@0.13%). Its recent scandium discovery may help reduce production costs as a valuable by-product credit. The company also has the Lewis Ponds gold-zinc project and the Mt Zephyr gold-nickel sulphide project. The company plans to release a PFS in January 2018. Investors can view their presentations here and here.