Largest cobalt resource with lowest valuation, page-56

There are very little details on Vale study which was done 7 years ago.

CLQ was only 40c, until recent cobalt starts getting hot, CLQ's market cap is increased by more than $200m because of their 114kt cobalt.

ARL, is doing a PFS to target up to 2 Mtpa or ore production aiming for an initial cobalt production grade 0.15% cobalt and around 1% nickel."
Annual production for cobalt will increase substantially to approximately 2,200-3,000tpa and nickel about 20,000tpa.

The drilling starts next week/March.

DYOR.