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.
Largest cobalt resource with lowest valuation, page-56
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