https://jervoisglobal.com/ site updated
Landing page reads: Jervois Global Limited (Administrators Appointed): A Global Supplier of Cobalt and Nickel
Still have overseas assets listed.
Can't see why the Australian Administrators as part of the due diligence can't turn around and go after the ex-managers and board on behalf of shareholders/local creditors.
Meanwhile Cobalt price keeps going up:
https://tradingeconomics.com/commodity/cobalt
up 14.91% yesterday, up 55.75% for the month and up 17.57% YoY
and
https://www.fastmarkets.com/insights/battery-raw-materials-market-update-march-2025/
'Cobalt prices surge following DRC export ban. Prices have reacted in China and the seaborne market – since February 24, when the ban became public knowledge, China metal prices have already risen 27% – while the standard grade cobalt metal has risen 12%'.
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