CDU 0.00% 23.5¢ cudeco limited

cobalt, page-94

  1. 9,111 Posts.
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    That old chestnut....DRC copper mines and nickel oxide mines expanded at the same time probably explains most of the damage. In general repricing a byproduct or metal equivalent lower can have two nasty results, it cuts the resource at same cut off revenue assumption and increases opex, can work both ways but i hope a few more have now figured out which end of the cobalt stick want to be copper cobalt or nickel cobalt producers are sitting on.

 
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