Cobalt Miners News Month Of January 2019

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    Cobalt Miners News Month Of January 2019

    https://seekingalpha.com/article/4235283-cobalt-miners-news-month-january-2019

    Summary
    "The past month saw cobalt prices fall despite record EV sales.

    It appears that the downstream supply chain has de-stocked into the price weakness. This is the opposite of what most cobalt experts had been forecasting for 2019, where generally steady prices had been forecast (see cobalt demand and supply section in article).

    The recent rush of takeovers and acquisitions (China Moly - Tenke; Cobalt 27 - Highlands Pacific) across many metals would suggest the bottom is near."

    Cheers

    These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
 
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