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clock Created with Sketch. 24/10/21
15:29
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Originally posted by hksev2:
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Quickthinker, there will be reduced amount of cobalt used in batteries. There is no doubt around that. It's common knowledge though the demand is still going to increase by bucket loads simply from the volume coming from EVs. An example of this is LG Ultium batteries being made for General Motors. ThIs new battery has reduced cobalt though still has it. And COB is the only pure play around my friend. And the reality is we will need more COBS to supply the demand. In regards to production, COB is quickly moving to shovel ready in just over 1 more year. Funds in the bank and partner deals expected shortly. LG is a shareholder and as mentioned they are building batteries with cobalt. COB market cap you ask $120 million. JRV already 1 billion without production. I know where the growth potential is better out of these two.
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Sorry JRV are fully funded and are currently selling cobalt on a daily basis.
(20min delay)