Blister
Just going from cobalt grades is tricky because many companies rely heavily on producing multi products (many companies produce copper / cobalt or nickel cobalt). Cobalt in most of these cases is a by-product and therefore is dependent on copper and nickel prices as well.
There is also a huge difference in capex between sulphide and laterite producers with the latter often requiring investment of around $1b.
The best projects with the highest grades tend to be in the Congo which has the biggest country risk.
Personally as per your chart I was worried about the grade of COB, but this has dissipated with their announcement that they can upgrade the grade 5x through a simple gravity separation process.
I think the best method is to spread risk among the better projects so therefore have shares in COB (sulphide), AUZ and CLQ (laterite), HIG (current producer) and NZC (Congo).
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7.8¢ |
Change
-0.001(1.27%) |
Mkt cap ! $32.89M |
Open | High | Low | Value | Volume |
7.9¢ | 8.0¢ | 7.8¢ | $21.49K | 272.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 65933 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 31308 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 65933 | 0.078 |
3 | 79441 | 0.077 |
1 | 100000 | 0.076 |
9 | 574000 | 0.075 |
1 | 50000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 31308 | 2 |
0.083 | 303 | 1 |
0.088 | 10000 | 1 |
0.089 | 95742 | 1 |
0.090 | 98152 | 1 |
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