N27 0.00% 3.6¢ northern cobalt limited

yes they did, but the pipe like targets are all too small for a...

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  1. 231 Posts.
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    yes they did, but the pipe like targets are all too small for a stand alone operation. I see the company is still way over valued on the Co story , sorry for those whom bought in on the hype. Tonnes (T) and grade (G) ( and add some conservative dilution). i feel for people whom havent been involved in mining getting caught up in these so called resource drill outs, that will not have the T and G to make a mine (let alone the recovery, see the Independent Geos report in the IPO). Recovery and cost are the next critical issues for valuing a deposit and hence the company.
 
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Currently unlisted public company.

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