It's not even the drill result people need to await for, its more about developing a flowsheet and engineering the project enough to get semi-definitive costs.
Grade is known, deposit size is known. Nothing should be surprising investors now. The market is just being the market (irrational) while trying to decide where to place the pin of valuation.
The biggest benefit this project will have is that it will be cheap to mine (heaps of tonnes, favourable strip ratio etc).
So the economic benefit will be, how many tonnes do I need to put through the plant to make this an economic project at a specific cobalt price.
It's not even the drill result people need to await for, its...
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Mkt cap ! $87.86M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 44.0¢ | $49.91K | 109.8K |
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| No. | Vol. | Price($) |
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| 1 | 18106 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 2775 | 2 |
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