I noticed I made a huge clerical error there, I wrote that COB reaches production in 2021 and ARL in 2020, and the opposite a sentence later, when it is neither as obviously COB reaches production in 2021 and ARL in 2022. That's what I really like about this board, it's calmer than most other exploding stocks (11 days up in a row now, if it ends in the green).
The single thing I like the most about COB, is that we have an earlier completion date. As you guys say Lower CapEx and OpEx are extremely good for avoiding dilution too, and with LG onboard we're almost guaranteed success! Management is also very active. Thanks for all the information.
I admit I would have been extremely tempted to swap my COB shares for ARL this morning, but I woke up late, and perhaps that's for the better even though ARL has gone on a surge since while COBs spike faded, and I suspect that ARL will surge for 2 weeks while COB stays flat. I'm not truly cut out for trading, so I should stick with investment (lots of respect to traders though).
Anyway, beginning production in 2021 is fantastic. We've only got 15 years or so before cobalt prices imho gets substituted, and only 10 years before imho prices go from 100 to 50, so every year is valuable. The year 2021-2022 may be a year of 100/IB. Every quarter of production delayed is a noticeable blow to a cobalt stocks share price.
