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Battery materials on a tear.... cobalt up another 3.5%...

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    Battery materials on a tear.... cobalt up another 3.5% overnight!:
    https://hotcopper.com.au/data/attachments/2872/2872585-513c68de734f67816163f025fcfd585c.jpg
    https://hotcopper.com.au/data/attachments/2872/2872658-b1c1b17e9e163ae24f499b37621cf4ba.jpghttps://hotcopper.com.au/data/attachments/2872/2872665-e4550c95a831015e5068139d06f6811a.jpg


    Copper price is also holding up nicely at that high price of USD$7800/t - USD$7900/t. Reasonable to assume that that price will hold as it's been hovering at that level for about 2 months now.
    At this point, we don't even need cobalt to be anywhere near historically high prices to get a successful SS. Just take this slice of time and use it as a reasonable commodity price estimate. Copper price was mostly below USD$7000/t when cobalt hit its last peak at around first-half 2018.
    Now, having both commodities at a high price must surely have a significant impact on the viability of the project, even though both are not at "historical highs".
    Last edited by Jskl76: 04/02/21
 
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