Since I know nothing about cobalt, here's a bunch of questions to those who know more:
"New copper-cobalt target at Nymagee – rock chips to 1.5% Co and 0.8% Cu" http://www.ytcresources.com/i/documents/5/8/1178744.pdf
How good is that as a result?
Checking LME prices, I found 1 tonne cobalt = $24000. That would translate to $12 / pound (500g). So basically tripple the price of copper. Does that mean (3x)1,5 Co + 0,8 Cu = 5,3% copper equivalent? That would be really nice, I guess ...
What's capex for cobalt mining compared to copper?
Can a Cobalt circuit be integrated into the Hera/Nymagee plant?
YTC Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held