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6.59% 42.5¢ sunrise energy metals limited

Cobalt Price up +50% in 6 Months

  1. Cape Wickham
    17 Posts.
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    03/04/18
    11:26
    Post #: 32181016
    Interesting charts   - https://tradingeconomics.com/commodity/cobalt

    I don't understand why CLQ's share price hasn't reflected the surge in cobalt price over the last half year. The feasibility study is working on a price of USD 14 / lb and the spot price is 3 times that now. The share price is basically flat from 6 months ago and they have now raised the cash to start the mine early, it doesn't make sense to me.
    CLQ Price at posting: $1.18 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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