COB 0.00% 8.4¢ cobalt blue holdings limited

LG chem JV, page-5

  1. 292 Posts.
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    If I knew for sure, I would be paying my gold plated learjet pilot to sky-write my shopping list for the day so I could look up before I head into Woolies.

    I can't predict the future or human behaviour unfortunately. However, I can say that:
    * COB is a pure Cobalt play with teriffic management and fundamentals.
    * At $30 per pound Cobalt, the risked NPV of the company is over $1 billion which is significantly higher than $3 per share (current price is over $43 per pound)
    * Institutions are about to get involved and I believe off-take and the PFS will provide further boosts to the SP.

    I think it is significantly undervalued right now, but might get closer to what it's worth by the end of the year - this is my opinion of course.
    Last edited by mlives: 26/03/18
 
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