So sorry, I disagree here. Even dirt has a tangible value. If nothing more tham the bulk needed to hold water and minerals together. Big problem occurring is of Congo's doing. Katanga mining has been told by the brilliant people who run that country to stop mining for cobalt until further notice. In part money driving and green driven (like right on the green driven part in Congo). Smart money and Smart business developers do not like this and cobalt will so find itself not needed in the production of batteries IMO. Simple reason...unreliable sources, not enough to run a business, late to market and new methods of development to attain same results needed in batteries.
IMO only and I still hold a small parcel since <ARL> is spreading it's wings to gold. Right?
ARL chart, page-1086
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Last
48.0¢ |
Change
0.025(5.49%) |
Mkt cap ! $94.84M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 50.0¢ | 45.5¢ | $63.33K | 129.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3214 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 16000 | 1 |
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| Last trade - 15.46pm 22/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |