great find
Reading between the lines on this one Jervois just spent a very long time on developing some very very expensive cobalt facility at the end of a very long road that is covered in snow most of the time and if you want to buy seven/nine years of home grown US Cobalt it's going to cost a lot.
The question is who would buy the facility and why?
The suggestion that Cobalt is cyclical is one thing but that graph it's looking kinda boom n busy / rip saw like to me but I'm no chart analyst...
JRV Cobalt, page-530
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $33.93K | 3.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3245843 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1454969 | 7 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| JRV (ASX) Chart |