As I mentioned before. People did not spend last week buying shares for no reason
3,010 tonnes of cobalt sulphate * $61000 PT cur price. = $$$$$$$$$.
24,420 tonnes of nickel sulphate * $10000 PT cur price . these r per yr figure. Plus Cobalt estimated to hit up to $100,000 due to initial short supply.
If you look at Galaxy or Orobore for example they r already in production and they will rip the reward of current market short supply for a while.
Cobalt is the ne so called Blue gold rush. Check out below
https://www.angelnexus.com/o/web/138936
So AUZ is going to become first Cobalt producer in Australia in full scale by 2019.
They will hugely benefit the sky rockeying Cobalt price for sure .
And I did not mentioned about Scandium in detail. DYOR
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