COB 9.59% 8.0¢ cobalt blue holdings limited

With a projected Capex of A$550 and a projected IRR of only 22%...

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    With a projected Capex of A$550 and a projected IRR of only 22% (more than 4 years to breakeven) COB future looks rather unpromising. Cobalt isn't rare as every nickel and most copper miners already produce it as a byproduct. Its not certain that cobalt will be used in the future in battery production as other techs are being developed. Thoughts?
 
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