News/Research articles, page-7

I lean towards that being correct as any new supply will be taken up by the new battery factories which, after hearing about a bunch starting to be built in late 2016, will be coming on line soon.

The other factor is the brokers who stockpile cobalt- they’ve been consistently rewarded for doing so and with historical highs of U.S$100,000~ back around 2008, when demand was lower and perceived forward demand was a lot lower, those brokers still have a good amount of upside potential if they continue to stockpile for profit.

Let’s be totally honest- without new supply battery makers etc won’t have the confidence to keep expanding their production/usage of cobalt etc so on balance it’s great- a little bit more to help our future customers get moving with their EV etc plans is necessary.

Me no worry, at all.