Patience will be rewarded hugely. Cobalt price soaring higher and will only go upward.
https://www.washingtonpost.com/grap.../congo-cobalt-mining-for-lithium-ion-battery/
http://www.mining.com/electric-cars-market-threatened-by-potential-cobalt-tax-hike-in-congo/
A royalty increase, paired with increasing political risk in Congo and the importance of conflict-free metals would give investors one more reason to look for cobalt elsewhere, experts say.
Cobalt prices went ballistic last year, with the metal quoted on the London Metal Exchange ending 2017 at $75,500, a 129% annual surge sparked by intensifying supply fears and an expected demand spike from battery markets.
Tight share register, increasing cobalt prices - share price can go upwards from here.
Patience will be rewarded hugely. Cobalt price soaring higher...
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Last
4.1¢ |
Change
-0.004(8.89%) |
Mkt cap ! $22.06M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.8¢ | 4.0¢ | $831.5K | 19.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 500000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 209999 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| RML (ASX) Chart |