You cannot run a mine at a loss just look at JRV. The mine is fully constructed and they shut it down without any production. Cobalt price keeps falling and is expected to only recover around 2029. You cannot blame your management for the cobalt price. There is currently a huge oversupply of cobalt on the market.
Broken Hill global cobalt province., page-1096
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Last
8.5¢ |
Change
-0.001(1.16%) |
Mkt cap ! $35.84M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.6¢ | 8.3¢ | $46.55K | 549.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 230600 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 6131 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
8.4¢ |
Change
-0.001 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 8.5¢ | 8.5¢ | 8.3¢ | 337807 | ||
| Last updated 15.58pm 05/06/2024 ? | |||||
| COB (ASX) Chart |