COB cobalt blue holdings limited

Broken Hill global cobalt province., page-426

  1. 424 Posts.
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    this is a key point mate. Anyone - including Niraj1980 - that wants to spend some time overlaying COBs share price to the underlying cobalt price (which has more than halved in the last 12 mths) will see how exceptionally positively correlated they are. They should also understand the strong balance of probability that cobalt shortages due to surging EV related demand will see a materially higher price of cobalt from around 2025 onwards, around the time COB is in construction leading to production. If you didn't understand the historical high correlations, or the short to medium term weakness in cobalt prices (as expected and guided to the market), I respectfully say to these posters you need to get up to speed and do your homework
 
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