Can you imagine for a variety of reasons the cobalt mines in the...

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bluesamurai

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11/12/23

15:49

Post #: 71387222
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Originally posted by bluesamurai: ↑

From an article in the AFR today regarding Jervois Global there is a paragraph that quite pertinent.
All up the DRC provides about 70% of the worlds cobalt. That concentration of supply in a small political volatile region prone to Ebola virus means a random flood., strike virus outbreaks or political ructions could have a major impact on cobalt prices.
COB stands in a safe jurisdiction that will can supply ethically processed long life cobalt for years to come. MO

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Can you imagine for a variety of reasons the cobalt mines in the DRC were unable to produce for an extended period . Cobalt not like gold for example there are numbers of mines.spread across the globe .The immediate effect would be dramatic IMO

COB Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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Last 5.8¢		Change -0.001(1.69%)		Mkt cap ! $25.80M

Open	High	Low	Value	Volume
5.8¢	6.0¢	5.8¢	$3.912K	66.49K

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No.	Vol.	Price($)
7	225842	5.8¢

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Price($)	Vol.	No.
5.9¢	40000	1

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No.	Vol.	Price($)
7	225842	0.058
2	57543	0.057
3	75856	0.056
6	486517	0.055
3	90000	0.054

Price($)	Vol.	No.
0.059	40000	1
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