The LME launch of Cobalt Sulphate is very significant.
From what I understand, Cobalt Sulphate (higher grade stuff) trades at a considerable premium to regular Cobalt
As CLQ is focused on Cobalt Sulphate, it has still been using a conservative $12/lb and now $17/lb in its DFS studies.
however, I believe through the LME providing clearer transparency in Cobalt Sulphate prices (I hope they do this for Nickel too, as from what I understand CLQ's Nickel Sulphate trades at around a 20% premium to regular Nickel), CLQ will feel a lot more comfortable to use a much higher (and more realistic) Cobalt price in the DFS which in turn should see CLQ achieve a greater NPV.
- Forums
- ASX - By Stock
- Media
The LME launch of Cobalt Sulphate is very significant. From what...
- There are more pages in this discussion • 771 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
-0.050(9.01%) |
Mkt cap ! $45.56M |
Open | High | Low | Value | Volume |
55.0¢ | 55.5¢ | 50.5¢ | $39.59K | 73.80K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13999 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 46148 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13999 | 0.505 |
1 | 20000 | 0.500 |
1 | 5000 | 0.490 |
1 | 5000 | 0.460 |
1 | 10000 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 46148 | 1 |
0.555 | 33631 | 1 |
0.570 | 1450 | 1 |
0.575 | 2209 | 1 |
0.600 | 18153 | 4 |
Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
Last
51.5¢ |
  |
Change
-0.050 ( 8.04 %) |
|||
Open | High | Low | Volume | ||
55.5¢ | 55.5¢ | 51.5¢ | 13610 | ||
Last updated 15.59pm 29/05/2024 ? |
Featured News
SRL (ASX) Chart |