At 95c we are about 30% lower than previous high...and cobalt prices are about 20% lower than prevuious peak, however much stronger tailwinds than previous SP high 2018.
1) New US / AUD strategic mineral funding initaitives - Joe our CEO core part 4 ceo delegation 2) Federal govt stargeic importance letter - remove red tape. 3) Ongoing discussion EV OEM's customers 4) Progess on mining pilots and validation of appreoach
Next 1 to 3 mponths....we must break SP > $1.30 assume Cobalt price continue and our new tailwinds
Long term fully operational mine, we are look at SP of $3.50 to $4.50
COB Price at posting:
95.0¢ Sentiment: Buy Disclosure: Held
