Largest cobalt resource with lowest valuation, page-1976

Profit taking and of course some will be selling down to raise funds to buy their free loyalty options.
Remember that at $1.54 people can, if they wish, sell down, buy their options for half that price and increase their holding by adding half of their options at no cost.

We also have our other two friends, who don’t have options to buy and instantly profit from who have had a lot of limelight lately- watch for them to hit a high tide mark and start to retreat on profit taking to consolidate- a good chunk of any of the sell down over there at that point will come here and take us past the &1.70 mark.

Tell sonny Jim his savings need to be raided- dad/mum need to grab a few more ARL shares at sub $1.60 before it gets back in to high gear.

We all must be wary of that $100 million US line- at that point we will be on many more people’s radars because their brokers etc will start to recommend us. When a battery maker or someone realises they may have a chance to secure some nickel and cobalt moving forward and approaches us with even a tentative offtake deal for the long term?

That will be the real show- this has all just been a prelimary where lucky Aussies who weren’t paying attention all year heard of the two friends cobalt and nickel recently in the greater and greater volume of news articles telling them what’s happening and will happen- 2020 is now truly just around the corner and just mandating X amount of EV vehicles from 2020 won’t make them magically appear- the nickel and cobalt will be desperately needed from the end of next year.

Many of us full blown Ockers are forgetting one group too- our new Australian friends from China.
Any who receive real estate alerts check out or many more apartments around Sydney have suddenly popped up for sale lately- some of our new friends are realising that the housing market is in for a... consolidation? Rental returns are terrible, ( at best when we consider the cost to a landlord bad tenants can create ), so if the equity return slows down many will flick their apartments and enter the fray here.

Basically they’ve had the last 10 or so years to get in to the Aussie market and will now be finding their feet- able to sell apartments/houses with no CGT beatings and look for new places to put their dough.