Thanks very much Mondyinvest, much appreciated.I'm not sure, but...

First 253 Last

Share
Profile

Follow
Adama

40 Posts.

8

04/01/22

23:50

Post #: 58643311
Share
Originally posted by mondyinvest: ↑

Hi @Adama

Just my two cents on the Cobalt price question. As others have alluded above, I think for any commodity you can find analysts on both sides of the fence (just look at Iron Ore right now). Personally, like @Pashabulka, I see more articles predicting cobalt price growth than I do flatlining or even declining, but each perspective is always worth a read - as you note (I appreciate the even-handed nature of your comments, by the way).

Here's a few articles from the second half of last year that I read as they came out, and I think are still useful:

1 July 2021, 'Shortages flagged for EV materials lithium and cobalt'; https://www.reuters.com/business/energy/shortages-flagged-ev-materials-lithium-cobalt-2021-07-01/
13 July 2021, 'The Blue Metal: Why the Outlook for Cobalt Has Changed'; https://www.cmegroup.com/openmarkets/metals/the-blue-metal--why-the-outlook-for-cobalt-has-changed.html
28 September 2021, 'Global cobalt supply deficit 'not as dire,' analysts say'; https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/global-cobalt-supply-deficit-not-as-dire-analysts-say-66734094
28 October 2021, 'Nickel, cobalt demand to rise despite Tesla's shift to LFP'; https://www.mining-journal.com/energy-minerals-news/news/1420448/nickel-cobalt-demand-to-rise-despite-tesla%E2%80%99s-shift-to-lfp
29 November 2021, 'Strong growth for cobalt, but some headwinds too'; https://www.fastmarkets.com/insights/strong-growth-for-cobalt-but-some-headwinds-too-lme-week-2021

Reading through these again tonight, I note that of the five selected, four are fairly bullish for 2022.

At the end of the day, whilst I would never advocate blind faith in management, part of what I'm paying for when purchasing JRV shares is the collective cobalt expertise and deep experience of Bryce, Greg, Klaus, Wayde, so to the extent that I can read analysts predictions but not foretell the future, I am happy in this case to leave myself in the hands of the aforementioned four gentlemen. With Jervois Finland now fully operational, they have their finger not just on the cobalt pulse, but in direct contact with the key customers. If they're predicting a strong 2022, I'm happy to go along on that basis until evidence dictates otherwise.

There is of course the side discussion on 'how or will cobalt be replaced in EV batteries', which I think has been done to death on these threads, but FWIW here's my last take on it: https://hotcopper.com.au/threads/jrv-cobalt.6074585/page-90?post_id=56194504

Cheers,
mondy

Expand

Thanks very much Mondyinvest, much appreciated.

I'm not sure, but it's quite possible that the 2022 cobalt price is not particularly relevant for JRV as it ramps up production during 2022. I found the following slides in one of JRVs presentations:

Also, there might be customers they are talking to who do not want to be solely dependant on the DRC or China for critical cobalt supplies.

Regards,
JRV Price at posting: 60.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

Almonty Industries – Now it is getting critical!

MTM

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

First 253 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $29.73M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Thanks very much Mondyinvest, much appreciated.I'm not sure, but...

Many are concerned about global falling birthrates. This diverse stock has solutions

Almonty Industries – Now it is getting critical!

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Featured News

Thanks very much Mondyinvest, much appreciated.I'm not sure, but...

Top Stories

Many are concerned about global falling birthrates. This diverse stock has solutions

Almonty Industries – Now it is getting critical!

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Featured News

Featured News