A lot of this thread belongs in the dreaming thread.
The company has bought into a 250,000t/a copper processing plant.
To expect it to turn out anymore than 250,000 of anything is dreaming.
The original plan was to turn this plant into a cobalt processing plant. Now with the 'ore agreements' it seems that WFE are going to produce more copper than cobalt (2.5%Cu grade, 1% Co grade in ore)
We know/expect the existing plant can run 250,000t/a of copper ore to produce copper hydroxide, but that is it. To run both copper leach tanks, then cobalt leach tanks, will IMHO require a lot more than a $.5m upgrade.
The $.5m upgrade announced back last year was the cost of converting the plant, not IMO to duplicate all the leach tanks/ circuits.
WFE Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
