RE: The North17 Nov 2024 20:44
The transaction at Project Elephant targets the richest tailings dam, TD52 at Elephant, where Jubilee’s process development centre has confirmed very promising results from the cobalt recovery with potential to significantly increase the overall project economics. The third transaction increases Jubilee’s beneficial interest to 97% at the Mufulira Project.
I assume when the price of Cobalt goes up they will concentrate on Project Elephant.