Heya ski9k No you are right on your 1st possibility it is total weight of batteries going in and of that 10t there will be aprox 19% cobalt recovery. However if located close to a battery manufacturer where there could be up to 10% reject then greater %
I was told that if raw cathode material went in that the percentage was then closer to 40% cobalt recovery
Have to do some more figures based on these figures none the less still 0.48 cents on a PE of 12 I plant and cobalt alone with the Mt Marion 13.8% still there if not sold and you calculated that in also I think CR's ASX 300 and $1.00 is a distinct possibility
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