RIE 33.3% 0.4¢ riedel resources limited

Cobalt Concentrate Grades - RIE vs CLA

  1. 145 Posts.
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    Market has to catch on soon..

    Riedel Resources (RIE) cobalt concentrate grade from Profunda mine in Spain was 14%.

    I see that Celsius Resources (CLA) have jumped today to a market cap of over $90 million on the back of announcing concentrate grades of 1.11%.

    Would expect that flotation techniques have improved significantly since Profunda was mined - recoveries and grades likely to be even higher today.


    I'll let you do the maths.....
 
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