WFE 0.00% 2.4¢ winmar resources limited

Lol 14 Posts Removed consecutively.Try and Play nice people."Aug...

  1. 183 Posts.
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    Lol 14 Posts Removed consecutively.

    Try and Play nice people.


    "Aug 13 (Reuters) - "* Investment bank UBS said on Tuesday that the shuttering of top cobalt producer Glencore's Mutanda mine in Democratic Republic of Congo should trim an expected market surplus over 2019-2023, moving the risk versus reward for cobalt prices "firmly to the upside."* "We expect the cobalt price to increase around 60 percent over the next 18 months back to $20 a pound. We see further material upside in 2024-2025 when the market is set to move into a deficit" it said in a research note, acknowledging the possibility that supply from DRC could fill the gap."

    link below for full article.
    https://uk.mobile.reuters.com/article/amp/idUKL4N2590WI

    Love or hate WFE, this a big plus if JB can finish the project and get this thing relisted.

    All IMO, DYOR

    Hairy LP
 
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