RE: RE: Limestone host rock- Cobalt addition.
Learn to read Car!! We have not been given any cobalt results. You can't "prove" anything until you know all the parameters!!
You can't calculate exact values until you know all the parameters. Do you know what the word estimate means? What about the word "IF"? "It could" does not mean that it will.
I used an estimate, which can be much higher or lower....we simply do not know. But suppose that it is 0.05%, and the DMS procedure concentrates it up by a factor of 10. Then we have a concentrate of 0.5% Co.
1 tonne=2204.6 lbs. X 0. 5% = 11 lbs/tonne Co. At $17/lb. = $187/tonne (concentrated up by DMS). If the DMS does a 20X or higher concentration that number goes up. What is the cost of processing per ton...unknown?
If the Co is over 0.05 % then that is an even higher value per ton. DMS has to work for this to occur.
What I'm really saying is that the possibility of my original scenario is realistic, but depends on a lot of factors.
What we really know is that there is Cobalt there!! That is positively stated and a new addition for me.
Now, what nice words of wisdom will you be contributing?.....put your mouth where your money is. I already have and continue to.........by my investing in SXL.
Solver