not holding either but CLQ is far more advanced with as I understand it proven technology that allows for the extraction of their ores and they have scandium to boot
the one thing people need to realise with these huge low grade Nickel Laterite plays with Co credits like ARL GME RMI CLQ Avalon/Cawse Murrin Murrin is that they are primarily Nickel deposits and being laterite they are like the Magnetite of the Iron Ore world requiring huge Cap Ex to get up and going due to ultra low grades and complex metallurgy
people just need to be aware these aren't DSO dig and ship operations but that doesn't mean in an environment with higher nickel and cobalt prices deposits like these wont be in high demand and very profitable
just some food for thought as Ive been looking at a few of the Ni/Co Laterite plays this weekend
Largest cobalt resource with lowest valuation, page-28
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Last
66.0¢ |
Change
-0.050(7.04%) |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Change
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