Cobalt Price

I assume everyone here is aware that the price of Cobalt has come back 60% since last April. The price is equal to what it was 5 years ago. The price signal to the markets caused a large increase in supply from the Congo. Lots of pure Cobalt plays in oz are now struggling.

So where does this leave GR within PIO? Well in my opinion its Ni plus bonus of Co. Extracting Co out of laterite by itself in my guesstimation, would not prove to be economical. Cobalt as a bye product of a Ni mine is another story, it would add plenty to the coffers. Anyone else want to throw something in the mix.