Korea's Battery threat, page-6

I disagree as based on 13 years , which will extend without a doubt imo , the NPV and IRR is very healthy. CEO himself said that LGI are very pleased and why wouldn't they if they can secure 13 years of cobalt supply and highly likely to be 20years +. There is an iceberg sell order at 66c. Someone with a decent holding is selling out. Doesn't mean the company position is dire , simply may mean their investment mandate has changed or found a better one. Who knows but that's the beauty of the markets as it provides a buying opportunity - any many times a selling opportunity. Trick is getting it right and I think we are at a low point that will turn quickly once news flow commences. Neighbouring cobalt explorers will find it much harder to get to production and I think cob will be very well positioned to process their ore at a fee. This is already on the cards with one and their established collaborative approach and i expect many more to come. GL and let's see by Xmas.