Important to also realize: This study does not attribute any value to the 1.6MT of 0.57% stockpiled cobalt!!! I calculate >9000 tonnes of cobalt or an equivalent value of $1 Billion - say 70% recovery in SX-EW = significant $ unaccounted for in this study!
When does this Cobalt come into play... or production... They mention it - but dont give a timeline as to when that would be income
NZC Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held