Ann: Amended Quarterly Activities Report, page-32

Ok, let’s explore “not economically worth it” thesis:

For argument purposes only and all numbers are understated:
Say with two rounds of drilling we expand tonnage to about 400,000 at .3% cobalt (this is very understated, heard much bigger numbers)-
That gives us 1,200 tons of Cobalt...
At $65,000 USD per ton we come to $78,000,000 USD. Convert that to AU$ Comes to about 105 million. I can’t discuss cost of drilling, transport and processing only value of potential.