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Ann: Meteoric Stakes Additional Cobalt Ground at Mulligan, page-22

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bushmaster

2,709 Posts.

1110

23/11/17

20:56

Post #: 29069948
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Originally posted by procrastinato ↑

Probably having a JORC laterite reserve ready waiting for the cobalt boom helped a few. People can easily multiply the tonnage by the grade by the commodity price and get dollars in their eyes, whereas an explorer talking about dips and strikes, mafic this felsic that, can be confusing. The Australian laterite projects have the benefit of scale over grade, but most will hurt when it comes to funding time, as most (not all) are limonite/goethite type oxides needing costly HPAL beneficiation. Many of them were already drilled out in the past and were waiting for the nickel price to make them viable again (cheap SE Asian 'nickel pig iron' for industrial use destroyed the nickel price). Then along came the EV boom and a sustained rise in the cobalt price - "(wait a second, don't we have cobalt?) Introducing Company X, battery metals specialist, we have Cobalt AND Nickel". So they were already positioned to take advantage, while the sulphide explorers were busy staking claims in Canada, Africa, Europe, etc. and confusing the laypeople with geology terminology.

Promotion and marketing are also very powerful forces, essential even. It's not difficult to see how they have played out across the sector.

hope that helps

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I wonder if MEI really did some good marketing / social media videos and constant stream of social media posts would the stock price go up faster ?

MEI Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
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Last 10.0¢		Change -0.005(4.76%)		Mkt cap ! $229.5M

Open	High	Low	Value	Volume
10.5¢	10.5¢	9.3¢	$1.345M	13.69M

Buyers (Bids)

No.	Vol.	Price($)
1	3765	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	515650	4

View Market Depth

No.	Vol.	Price($)
1	3765	0.100
1	134317	0.098
1	134317	0.097
3	334317	0.096
2	110000	0.095

Price($)	Vol.	No.
0.105	515650	4
0.110	802248	13
0.115	558105	4
0.120	399600	5
0.125	468848	7

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Ann: Meteoric Stakes Additional Cobalt Ground at Mulligan, page-22

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

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Buyers (Bids)

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Featured News

Ann: Meteoric Stakes Additional Cobalt Ground at Mulligan, page-22

Top Stories

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News