Something else which may be of interest for the COB management as it would give certainty to the project as well as enable shareholders to sleep very soundly.:
http://www.mining.com/bidders-500m-canada-streaming-deal-cobalt-price-surges-report/
Vale has hired Canada’s Bank of Montreal to raise around $500m from bidders for cobalt that will be produced at the Brazilian giant's Voisey’s Bay nickel mine in eastern Canada. Such a streaming deal – making an upfront payment in exchange for future production – is common on precious metals markets but would be the first of its kind for cobalt. Negotiating a price for a streaming deal could be complicated by the limited size of the overall market. The Voisey's Bay deal would only be for around 3,000 tonnes of cobalt per year .“No one has done a cobalt streaming deal before and how you price it, given that it is not a liquid market, is very difficult,” the source said.“But because cobalt is in short supply and there’s a squeeze in anticipation of a surge in demand for electric vehicles, then you’ll get interest.”
COB is aiming to produce 4000T/y equivalent metal.
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Something else which may be of interest for the COB management...
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Last
5.6¢ |
Change
0.003(5.66%) |
Mkt cap ! $24.91M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.4¢ | $10.88K | 197.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6928 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 219774 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6928 | 0.055 |
1 | 100000 | 0.054 |
8 | 476619 | 0.053 |
10 | 324787 | 0.052 |
3 | 293090 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 114774 | 2 |
0.057 | 46439 | 2 |
0.058 | 115580 | 3 |
0.060 | 104540 | 2 |
0.061 | 115000 | 1 |
Last trade - 15.55pm 25/07/2025 (20 minute delay) ? |
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