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18/02/18
08:38
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Originally posted by El Jefe
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Im curious are there any copper/cobalt sulphide as opposed to laterite projects based in Australia comparable to whats in the DRC?
Sulphide projects are much more straight forward and less capital intensive than the laterite projects.
I presume CLQ/AUZ are both laterite projects given the huge capital costs to get those projects off the ground. I think the opex is also a lot higher for these project. Given any downturn in copper/cobalt price for whatever reason these are the projects that will stand the test of time.
I know NZC is a sulphide project but not aware of any other on the ASX?
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Celseus Resources (CLA) is a cobalt sulphide project located in Namibia, and this month will be reporting its maiden JORC-compliant resource with all drill results released.