Blister
Just going from cobalt grades is tricky because many companies rely heavily on producing multi products (many companies produce copper / cobalt or nickel cobalt). Cobalt in most of these cases is a by-product and therefore is dependent on copper and nickel prices as well.
There is also a huge difference in capex between sulphide and laterite producers with the latter often requiring investment of around $1b.
The best projects with the highest grades tend to be in the Congo which has the biggest country risk.
Personally as per your chart I was worried about the grade of COB, but this has dissipated with their announcement that they can upgrade the grade 5x through a simple gravity separation process.
I think the best method is to spread risk among the better projects so therefore have shares in COB (sulphide), AUZ and CLQ (laterite), HIG (current producer) and NZC (Congo).
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8.6¢ |
Change
-0.003(3.37%) |
Mkt cap ! $36.33M |
Open | High | Low | Value | Volume |
8.9¢ | 9.3¢ | 8.5¢ | $88.42K | 1.001M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 65611 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 38004 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 65611 | 0.085 |
3 | 37656 | 0.083 |
1 | 10000 | 0.081 |
3 | 211500 | 0.080 |
2 | 26435 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 38004 | 1 |
0.088 | 23677 | 1 |
0.092 | 40000 | 1 |
0.093 | 187442 | 3 |
0.094 | 60000 | 1 |
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