Size does matter- we’ve made it on to the radar along with the big producers*: https://seekingalpha.com/article/4297714-top-5-cobalt-miners-consider-cobalt-bear-market-winds?source=author_rta:read_now&isDirectRoadblock=true
In the article we can note the EV sales projections from 2022 & onwards- if we add to that the fact that goodness knows how many of the 1 billion existing ICE vehicles will chew up a battery between now & then as lead acid gives way to cheaper lithium batteries? I think even ppl like Mr. Bohlson have been dazzled by the EV story sufficiently that even they will be caught by surprise!
It is going to take years for the world to stop adding to the 1 billion plus existing vehicles on the road & they all need batteries! It will then take years for that 1 billion plus fleet to disappear- more likely decades!
I can’t reiterate that point strongly enough!
*No, I didn’t say or infer that we are a producer. Take the sentence at face value. We’re on the list!
Pertinent market/industry news/articles, page-2394
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $87.86M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 44.0¢ | $12.74K | 28.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15213 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 19504 | 2 |
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| Last trade - 13.59pm 23/08/2024 (20 minute delay) ? |
| ARL (ASX) Chart |