TSXV:FCO.H - Post by User
Comment by
elduckyon Mar 29, 2017 7:44pm
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Post# 26049345
RE:Another day another $1000 per tonne
RE:Another day another $1000 per tonneGlad to see the uptrend continue. We are up 10% on the price of cobalt from when we were trading around $1.40/share. Without the delay this should have put us well into the $1.50-$1.60 range. Not sure what price they will use to revise the study. I get NPV roughly 2.5 times their current guidance at today's cobalt price. I hope the study is out soon, and it's positive.