COB 1.12% 8.8¢ cobalt blue holdings limited

Interesting times. I think 2023 is not going to be a good year...

  1. 319 Posts.
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    Interesting times. I think 2023 is not going to be a good year on a Macro Level. The interest rate hikes this year will bite next year and cause a slow down however EV Sales will continue to grow thus demand for Cobalt will rise. Its all about the Demo Plant still. Thats been the focus for last 6 months.

    Operations was planned for June to December of this year however its been indicated by management that is now 1st QTR 2023 for completion of operations. Though we are coming to the end of December so its only a short time from here even if there is a small delay.

    I think the small delay in operations completion will now also push out a partner deal. I would think a partner would wait for operation completion and final performance numbers before committing. Im predicting partner deal in March now.

    I think its a great time to buy for new investors. We are on the cusp of Demo plant completion, partner deals and feasibility studies work. Some major de-risking is going to take place over the next few months which should unlock value.

    Cobalt price coming back to normal levels is actually a good thing. I think the rise was due to supply issues from Congo more then demand. Demand is due to rise from next year on-wards.
 
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