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mgsam10

18 Posts.

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27/05/22

02:47

Post #: 61649980
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Originally posted by bluesamurai: ↑

Sobokta believes a fossil fuel resurgence is temporary, and the transition to a lower carbon economy “cannot be stopped,” which will require a projected $50 trillion in the next three decades. “Anything between $200-$300 billion in investment per year will be required for the mining industry to satisfy demand for the energy transition,” he said, with much of this invested into the mining of copper, nickel, cobalt and other metals.In an environment of high prices and supply chain pressures, Sobokta expects companies and countries to stockpile strategic raw materials, including oil, copper, cobalt and other metals.“If you get small supply disruptions, you are going to see big swings in prices,” Sobokta said, adding that he expected to see an impact in the second half of 2022.Major end-users such as the automotive industry are already trying to strike long-term off-take agreements to buy metals such as lithium and cobalt at current market prices, he said. QUOTE
Strong future ahead for COB in a long term demand situation IMO

https://www.mining.com/web/commodities-in-perfect-storm-says-erg-as-crisis-starts-super-cycle/

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Good to see someone posting information from people in the field, I like to hear about this type of info and then I can make an informed decision. Forums like hot hot copper should not be used for for super up ramping or down ramping.. Or worse still is people who have no skin in the game bagging stocks what is their game

COB Price at posting: 80.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.0¢		Change 0.001(1.69%)		Mkt cap ! $26.69M

Open	High	Low	Value	Volume
5.8¢	6.3¢	5.8¢	$41.70K	699.2K

Buyers (Bids)

No.	Vol.	Price($)
1	17000	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	751379	2

View Market Depth

No.	Vol.	Price($)
1	17000	0.059
2	56968	0.058
2	57543	0.057
3	75856	0.056
6	486517	0.055

Price($)	Vol.	No.
0.060	751379	2
0.063	45000	1
0.064	62911	3
0.065	2500	1
0.069	338983	1

Last trade - 15.41pm 17/06/2025 (20 minute delay)

COB (ASX) Chart

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