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7,151 Posts.
2294
16/03/18
12:03
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They have a smaller reserve at a lower CoEq?
eCobalt = 3.66Mt at 0.47% + 0.08% (Cu conversion) = 0.57% CoEq
Nzuri = 6.98Mt at 0.36% + 0.30% (Cu conversion) = 0.66% CoEq
Yeah it's DRC etc etc but still capped at around 60% of what eCobalt is. Seriously undervalued vs peers.
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