COB 4.71% 8.9¢ cobalt blue holdings limited

2020, the year to be in cobalt, page-6

  1. 122 Posts.
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    I would guess that most of us are long term holders at this price unless you have some capital gains in your portfolio to offest this loss if you sell out now.


    Important to note, there hasn't been too much good news for anyone over the last few days. Those who paid $18 for Afteray aren't too happy either, as with holders of financial institutions etc and the list goes on....


    I agree with you philh9, what better choices have management had other than those they made. They are calling the game as it is, they are not feeding us with bullshit. Unfortunately things haven't gone entirely to plan, but they have been frank and fearless in there disclosures and are following the advice sought.


    Bottom line, the drilling needs to prove up some more resources....the extraction/s process needs to work at scale......both of these are affected by cobalt price and the higher the cobalt price goes the less important these are.


    If it comes together....we will all be laughing instead of crying, it is all relative to a point in time.


 
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