Yep. Was really hoping for an announcement re: drilling to increase indicated resource. Loads of positive newsflow to come in the next 12 months re: BFS.
At some point, there will be a cobalt bull run 2.0, except the next one will be based on long-term outlook supply deficits. It's not a matter of "if" but "when".
Katanga will come on, but with the Japan cobalt buying consortium crystallising early next year, the influx of new EV models coming to market in the next 2-3 years and the looming cobalt supply/demand inflection point in battery and car makers sights, there will be a sudden change regarding cobalt security. Might be 1 year, might be 6 months, but it's coming and COB (and LT holders) will be well positioned to capitalise.
Ann: BFS Drilling Campaign and Project Optimisation Studies, page-5
Add to My Watchlist
What is My Watchlist?
