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0.00% 0.8¢ australian mines limited

Cobalt prices creeping up again, page-15

  1. ura_bull
    7,245 Posts.
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    26/05/18
    22:49
    Post #: 33322903
    Well good news it's down to $90,750.
    But in reality small movements in the price of cobalt aren't really going to drive these factors...

    New tech is 5-10 years away
    Tesla has already likely taken the % of Co as low as they can.
    Congo is a basket case of sovereign risk and most manufacturers/consumers don't want child slave cobalt.
    AUZ Price at posting: 8.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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