Took a small punt today and will follow closely. The trigger was the rapidly increasing value of the cobalt element of the project. I recall the resource was some 830,000 tonnes of Ni and 52,000 tonnes of Co, or a ratio of ~16:1. But with the value of Co now at $95K/t and Ni at $13K/t, the cobalt forms almost 1/3 of the project value. Both Ni and Co are good long term plays but I fancy Co could be the icing of this cake. Very much looking forward to the upcoming PFS.
GME Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
