Mutooroo Cobalt District, page-86

Interesting that it's mainly NY & London firms behind the recent shorting.

@choochx01 posted recently that someone is accumulating. Wondering whether there is a connection?

IMHO the downside (where the shorter profits) is limited e.g. the strong support shown in the high teens. The upside risk (where the shorter loses) is higher e.g. Wanbao / Kalkaroo deal. Assuming the same process as for the North Portia divestment, HAV would go into trading halt, leaving any shorter exposed.

Leads me to think that an 'accumulator' could be building its stake by enticing more selling? Possibly as a prelude to an opportunistic take-over bid?

The world is talking about looming Cu-Co shortages, depleting pipelines, lack of exploration etc. Here's this beaten-up stock in Australia...



DYOR