Au - you said "ignore gold and cobalt credits as they are likely to be immaterial"
Why would cdu be proposing to make a pyrite concentrate to collect the cobalt? if you need a reference have a look at the last couple of announcements pull out the flow sheet and then come back with some comments.
also while you are at it have a look at the reported cobalt values and the cobalt price.
gold is another story, low content, but we will have any credits that come our way.
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