CNJ 0.00% 0.1¢ conico ltd

cobalt breaks 23,800, page-149

  1. 982 Posts.
    lightbulb Created with Sketch. 25
    "Cobalt's up and up!" Sure thing!

    I like the US units found at infomine site linked below.
    LME site is friendly but teen numbers make it easier for me.

    http://www.infomine.com/investment/metal-prices/cobalt/

    1-month chart shows current 'breather in the upper $13s.

    5-year chart shows the importance of $15. A break above $15 sets a a relatively quick move to $20.

    Note that the Cobalt Outlook Supply chart has a deficit kicking in during 2018 and the chart indicates a $16 price during that year. $25 follows relatively soon thereafter.

    co1mnth.png
    Co5yr.png
    cobalt supply outlook.jpg
 
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