After having taken some profit around 82, seen the rising cobalt prices, I have no problem to buy back those earlier sold shares. Guys, also take a look at BPL. If COB goes according to plan, BPL gets 6M US$ smelter royalty every year against current prices. That's a lot of money for a 13M MC company. I'm buying into them too, I want my smelter royalty back! No worries about COB SP. Cobalt will double at least again this year as production is still low and demand is taking off big time. There's no alternative. Many nations committed to EV. The transition must be made. A very different space compared to lithium. Appears there is enough of the stuf and prices do not rise as fast as cobalt. Many mines coming online. Not with cobalt. Also the timing with COB is perfect; when starting production, cobalt price will probably still rise.
As usual, DYOR and good luck.
COB Price at posting:
79.0¢ Sentiment: Buy Disclosure: Held
