it's no big deal to change battery factory facilities to make batteries from different chemistries, especially if the new product is cheaper and technically superior for the type of vehicle to be manufactured.
Ford has recently announced it is opening a new EV plant in Michigan using different (ie, LFP) battery technology than is being used in its existing Georgia factory producing NCM batteries.
COB is a high risk venture for multiple reasons, not just changing battery chemistry. This is something the market has recently woken up to and as a consequence downgraded its market cap to match the risks.
Getting it of the ground sooner rather than later is the key, and hopefully COB management can find a way through. Unfortunately success is by no means guaranteed.
- Forums
- ASX - By Stock
- COB
- Broken Hill global cobalt province.
Broken Hill global cobalt province., page-740
-
- There are more pages in this discussion • 605 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add COB (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.3¢ |
Change
0.001(1.22%) |
Mkt cap ! $35.06M |
Open | High | Low | Value | Volume |
8.3¢ | 8.8¢ | 8.1¢ | $34.57K | 409.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20758 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 68619 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20758 | 0.083 |
2 | 18304 | 0.082 |
1 | 10000 | 0.081 |
3 | 155000 | 0.080 |
1 | 330000 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 68619 | 1 |
0.086 | 90000 | 1 |
0.088 | 123582 | 4 |
0.090 | 377374 | 1 |
0.092 | 50000 | 1 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
COB (ASX) Chart |