Yeah I have been trading cobalt over the last few weeks but the hype train is dying there. People are now starting to turn to the ones that actually have a chance of producing as they should... Just like lithium previously and medical weed now, companies just release an announcement mentioning cobalt or weed so they can pump their SP and raise capital to keep receiving the directors fees.
The long term demand for lithium has been confirmed IMO and if you can get to the stage of producing, the company will be valuable. Question is whether we get there, and in how long.
CXO Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
