250,000 tonnes of cobalt is currently worth $20 billion
1,000,000 tonnes of copper is currently worth $7 billion
paying $20 million for either of the above is cheap
TAR will make a final payment of US$20,000,000 for each project where it discovers resources in the Measured and Indicated categories exceeding 250,000 tonnes of contained cobalt OR 1,000,000 tonnes of contained copper at the conclusion of the BFS
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- Ann: ACQUISITION OF HIGH GRADE COBALT-COPPER PROJECTS IN THE DRC
Ann: ACQUISITION OF HIGH GRADE COBALT-COPPER PROJECTS IN THE DRC, page-55
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