RE:RE:Today’s Fortune Cobalt News Ya it is a Nickel Laterite with Cobalt as a by product. The Cap Ex is huge at $1.3 billion and the project in question is only 50% owned by RNC.
So if Nickel can get above $8 and you can raise $1.3 billion to get started then you can own 50% of this and only get Cobalt when you mine Nickel.....NO THANKS.