What is the point?, page-5

Another Tuesday passes with no news - so revisiting some "old news" in particular the final delay in putting out the JORC revision in 2010 was to re assay the drill cores to recalculate missing cobalt to enhance the CU EQ tonnage. - There has been little discussion on the Cobalt extraction and sales prospects and profitabilty on the product but given it was to be a big contributor I wonder what will happen without the rail siding .


"the reason for the latest delay was that assays may have underestimated the cobalt content of Cudeco's Rocklands ore. The company was therefore having thousands of samples re assayed. If the new tests confirmed Rocklands contained more cobalt than previously estimated, Mr McCrea said, it would have a "significant" (positive) effect on Rocklands overall resource."

Reason for JORC delay article