Barolobill...On cobalt, I agree that 3-5 years is pretty sure. 6-10 years, pretty likely.
Over that, who knows.
In the next two years we are going to witness higher and higher cobalt prices with nobody shipping new production.
For those interested I suggest my thread "Why Speed to Production Matters."
Friedland has stated he will not do take-offs that deprive CLQ of market prices.
Besides his other qualities, he appears to be a great poker player; and he is holding a tremendous hand.
I would not want to be at the table betting against him.
Re: CLQ chart, page-643
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47.5¢ |
Change
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Mkt cap ! $42.85M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 48.5¢ | 45.5¢ | $1.534K | 3.301K |
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| No. | Vol. | Price($) |
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| 4 | 24535 | 45.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 4449 | 2 |
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