Australia's largest stock trading and investment forum Australia's #1 stock forum

COB

Click for more information

0.00%

7.8¢ cobalt blue holdings limited

Broken Hill global cobalt province., page-857

First 857 Last

Share
Profile

Follow
bluesamurai

9,000 Posts.

1376

06/08/23

18:09

Post #: 69187290
Share

Originally posted by bluesamurai: ↑

COB’s Broken Hill cobalt project (BHCP) in NSW is one of the only large scale, non-African, greenfield primary cobalt projects in the world.With the amount of negative attention artisanal mining in the DRC is getting at present, that’s a big plus.The 81,000t BHCP could be in production by mid to late 2025, it said last year.It would produce +3,500tpa cobalt metal eq over 20 years at a very low all-in sustaining cost of $US12/lb – making it profitable even at record low prices.According to Benchmark Mineral Intelligence, the beaten down battery metal is currently selling for US$14.50/lb-US$16/lb on the spot market, but the outlook is cautiously positive. QUOTE from * today
The DRC is getting bad press from the release of the book Cobalt Red highlighting the terrible damage of artisanal mining using child labour , all involved along the supply chain need to justify their involvement. This will play a big role in the future of COB’s importance in the mining and processing of cobalt ethically in a secure jurisdiction IMO

Expand

Strategy video now on COB website.

COB Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
15 Upvote

2 Great analysis

Reply

Top Stories

Your questions From the Floor: Investment experts respond...

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

GYG

Guzman Y Gomez shot up nearly 40% in first hour of trades. Can it last?

BRX

Belararox delineates another porphyry in Argentina at Tambo South

TM1

Shares up 125% on Terra's news of major reef discovery at Dante

There are more pages in this discussion • 374 more messages in this thread...

First 857 Last

Add COB (ASX) to my watchlist

(20min delay)
Last 7.8¢		Change 0.000(0.00%)		Mkt cap ! $33.31M

Open	High	Low	Value	Volume
7.9¢	7.9¢	7.8¢	$3.336K	42.62K

Buyers (Bids)

No.	Vol.	Price($)
3	116751	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	83695	5

View Market Depth

No.	Vol.	Price($)
3	116751	0.078
1	50000	0.077
3	150993	0.076
3	77305	0.075
1	67365	0.074

Price($)	Vol.	No.
0.079	83695	5
0.080	67430	6
0.081	15094	2
0.083	68300	1
0.084	221967	2

Last trade - 13.23pm 20/06/2024 (20 minute delay)

COB (ASX) Chart

SPONSORED BY