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
Neighbour has 400kt contained cobalt.
If they could discover 250,000t contained cobalt, that would hit a jackpot.
COB has 50,000t contained cobalt.
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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-43
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