AUZ 0.00% 0.8¢ australian mines limited

Why buy AUZ ?, page-154

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    Thackaringa isn't even weighing into the discussion yet, but here's a recent comment from an interview about Cobalt Blue's (COB) Thackaringa deposit, which may bode very well for us and the processing of our resource. Let's hope the deposits are of similar nature:

    Matt Bohlsen Of Trend Investing discussing Cobalt Blue Holding
    Nov. 23, 2017 3:25 AM ET

    Mr Kaderavek: Thackaringa has a sulphide orebody so our processing is somewhat simpler. All mines operate at their ROM grade, but COB can recover 92% (via simple 1.2mm coarse crush and gravity separation) of this cobalt while deporting only 20% of this mass to a refinery.
 
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