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8.7¢ cobalt blue holdings limited

Ann: Webinar Presentation, page-13

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bluesamurai

9,107 Posts.

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10/05/24

15:00

Post #: 73766179
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Originally posted by philh9: ↑

The Future Made in Australia Act has a massive agenda with many parts, from sqillions of $$$ handed out to the dramatic changes in the rules of the playing field, many of which will only become evident after much consultation with the wording of the act, the changes to the foreign investment alone are remarkable in power. In a nut shell "low risk" and "repeat" foreign investors can expect fast tracking. Conversely, foreign investment in "sensitive sectors" (critical minerals is one of them) will be considered on a national security basis with appropriate regulatory intervention. Below is a snapshot of some announced cash spend, much more is to be spent and the budget will inform on much of this next Tuesday 14th May. COB is so tiny in the whole picture it would be just about invisible in $ value terms, however it may well be in a politically more promenent position due to its two WA critical minerals refining products - nickle and cobalt.

Cheers
Phil.

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Agree philh9,,,,,,, The Government contribution to COB to aid in the establishment of the Kwinana nickel/cobalt processing plant will not break the bank, but the ‘bang for the buck ‘ they would receive in political kudos would be immeasurable IMO

COB Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 8.7¢		Change 0.000(0.00%)		Mkt cap ! $36.69M

Open	High	Low	Value	Volume
8.6¢	8.7¢	8.5¢	$11.70K	135.9K

Buyers (Bids)

No.	Vol.	Price($)
1	2498	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.9¢	97750	2

View Market Depth

No.	Vol.	Price($)
2	3998	0.087
1	75020	0.086
5	100025	0.085
1	7024	0.084
1	78313	0.083

Price($)	Vol.	No.
0.087	800	1
0.089	95750	1
0.090	98152	1
0.094	12000	1
0.095	38811	2

Last trade - 15.59pm 16/07/2024 (20 minute delay)

COB (ASX) Chart