NZC 3.57% 27.0¢ nzuri copper limited

Ann: High-Grade Cobalt Results, page-35

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  1. cfp
    2,919 Posts.
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    yes I agree but anything that is not a full percent needs something exceptional, like a huge resource, I note there is a lot of distance between the narrow veins, I would like to see more than 5 or 6 metres thickness from substantially shallower hits, please understand its not just a matter of building a plant and off we go, there is a process involved and as you say its at least 12 months away from producing if the plant is ready and if they have commercial quantities and if they satisfy the new mining code, lots of ifs and hurdles, I think we will get there it will just be a little while longer, 2-3% I believe will be the norm in the DRC and from shallow depths with great length and strike, exploration being confirmed does not confirm a resource, so you have to go through the exploration period as well
 
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