TSXV:FCO.H - Post by User
Comment by
17Diggeron May 31, 2017 2:20pm
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Post# 26307101
RE:😁Recently Shipped Sample to Potential Offtaker Interested😁
RE:😁Recently Shipped Sample to Potential Offtaker Interested😁This news is all good though slow in coming.
I like the estimated product premium of 20% over cobalt metal itself. That will put our product selling price at about $30 per pound before any more price increases occur in the cobalt market.
Have any of you math guys run that figure through your spreadsheets? What do you get for a value before any more pounds are proven up in this mine? We have lots of those too.