Why aren't you on the beach??
I have a question for anybody with a spare 10 minutes.
Cobalt 27 is a pure cobalt play in Canada. They do not "explore for, mine and process cobalt."
It has 2,982.9 tonnes of cobalt in storage in Baltimore.
That amount of cobalt @ $100,000 CAD a tonne is worth $298,290,000
My problem is that Cobalt 27s market cap is $460,000,000.
How can their market cap be worth so much more than the resource they are holding?
Also, if I am reading this right, what does it say about the future price of cobalt?
Any suggestions?
BE
-
- There are more pages in this discussion • 1,233 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
51.0¢ |
Change
0.015(3.03%) |
Mkt cap ! $107.3M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 51.5¢ | 49.5¢ | $38.42K | 77.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9391 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 12907 | 1 |
View Market Depth
| Last trade - 16.10pm 18/09/2025 (20 minute delay) ? |
| ARL (ASX) Chart |