EXCELLENT find Bluesamurai: all COB holders and potential holders should read this article. i won't summarise it as it must be read. This clearly reinforces COB's position. Ideally all tenements owners in Broken Hill should work together to reach an output of 10 000 Ton/ year to reach a world size. COB is leading with 4 to 5000 ton and has started the cooperation process with HAV. Hopefully the others will follow providing they find commercially viable quantities of Cobalt on their land. http://www.mining.com/cobalt-price-automakers-waking-late-china-takes-control/
As for China leading the way on Cobalt , it is in my opinion beyond only profit. It is about global economic competition as well as a domestic issue: the Communist party needs to tackle air pollution to remain relevant and ...ultimately in power. Car pollution is a major cause of the smog and going full blast on Electric vehicle makes perfect sense.
COB Price at posting:
$1.14 Sentiment: Buy Disclosure: Held
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