COB 1.32% 7.5¢ cobalt blue holdings limited

Cobalt metal price running again, page-10

  1. 11,748 Posts.
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    You can never be risk free on markets, but do your sums and it can mitigate many wrong moves.

    Conservative ball parks........
    16 thousand tonnes of cobalt, around US$1.2b sales a year.
    300 tonnes of elemental sulphur around US$90m a year.

    IMHO The resource is capable of doubling + with exploration.

    The margins are eye watering even without the crazy cobalt runs, pop onto Cobs web site and have a look at some recent brokers forward numbers, it's in the investors section.

    Always spread your money around etc. Execution would normally be a main risk in a project like this.

    On execution in a general sense, managements have not always been in the upper quartile of all my investments. :/~

    I believe management in COB is top quartile and why I have less concerns on execution.

    Cheers
    Phil.
 
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