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CLA - Cobalt related news, page-1884

  1. 2,454 Posts.
    lightbulb Created with Sketch. 2027

    AUZ just received a very positive BFS https://hotcopper.com.au/threads/ann-bfs-supports-strong-commercial-case-for-developing-sconi.4543149/ and on the back of that is struggling to make gains. Hovering around 5.8 to 6.2c after 6c prev close.

    Not sure what that means for us.

    I really truly do wonder where people think they will get their Co from because sure like hell we will need a whole lot more.

    While out shopping, you can go around for a while and say "Nah, too expensive, I'm not buying that.", until you get to the end of the mall and realise that if this is the item you need, that is the money you will need to fork out.

    Seems to me as if we are in that holding pattern atm where it has not yet been fully accepted that of all the deals on the table right now such as CLA (or AUZ or others) it is as good as it gets. No point saying: "I want better". You won't get it, and therefore that's what needs to be paid for to satisfy the world's demand for ethically mined cobalt! 

    We need new Co mines - and CLA better be one of them.

 
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