I might be wrong but it appears to me that cobalt is not a priority for world consumption but nickel is significantly more important.
For starters, just for the EMV's eight times more nickel required than cobalt and then of course all the other world nickel requirements for stainless steel etc.
I certainly wouldn't be buying into a company on the back of a cobalt resource unless of course it included a large scale nickel resource.
Just my opinion for what it is worth.
Cheers and GLTAH
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Last
47.5¢ |
Change
-0.015(3.06%) |
Mkt cap ! $94.84M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 48.0¢ | 46.5¢ | $21.26K | 45.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16054 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 1556 | 1 |
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| Last trade - 14.22pm 07/08/2024 (20 minute delay) ? |
| ARL (ASX) Chart |