All this carry on about the price of cobalt is pointless drama. Has anyone seen the company’s costings? No! Ore supply prices? No! Operating costs? No! Company sales negotiations? No! So uninformed scaremongering about the cobalt spot price is irrelevant as usual!
So in summary no one knows and the company directors do. When the company announces project costs we will all know.
You might want to note how cheap it is to operate in DRC compared to Australia. Labour costs for example are extremely low even if you pay them well by their standards. It is for these reasons that Australian companies like CLA that will likely not make it or falter.
Always happy to help.......
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