So a project that is economic even without cobalt has its economics questioned.... always good to wake up to something funny to read on a Sunday.
https://www.theguardian.com/world/2...-snubs-aid-conference-says-crisis-exaggerated ( DRC ‘gov’ already refusing to play ball even with freebies.... surely they don’t have anything to hide that will be a good place to start hassling them for Western powers? ).
Is that two people talking or yet another fence sitter fishing for ‘best poster of the year award on some forum?
If it’s one person then- Yawn*
CLQ uses commodity prices close to when they release & all is fine. ARL does the same & some act like it’s a mortal sin. 20% lower nickel prices? We’ve shown that even without the cobalt credits that it’s viable.
BGS2.0? That is comedic gold- BGS is off in an unstable part of the world with Michael Langford ruining its reputation, ARL is in one of the most stable social & economic environments the world offers.
‘Hedging’ at $1330? When was nickel 20% above $1330 to make that a hedged position?
Actually what am I saying- it’s great to see how many other company holders are threatened by us.
We barely bother to compare ourselves to others & yet there is two new names being used to try to shoot holes in our boat.
Good stuff- we’re rattling the cages of 4 others now*
Keep it up ARL- they all know that they’ve run out of puff to varying degrees & that the big newcomer is still up for pursuit by offtake etc partners & they’re peeved that we’ll be doing our deals at a better time for holders. Angst borne of the fact that they can’t get out of their other stocks at the moment to get in on this bargain is all I see.
( I still hold a tiny bunch of CLQ shares & would get out of them to bring that money here at the moment but oh well, thank goodness my main holding is in the company that everyone is whispering about- as I hold such a tiny parcel I don’t even bother posting in their forum, I’d just feel silly. ).
It’s going to be funny watching the naysayers & the fence sitters try to participate in the convo again once we’re on our next big upswing- you know- those days where we make 10-20% gains day after day to set a new high each big run? Those rises only get more extreme each time because there are less & less retails holders to bail out- the institutions mostly only want a seat at the table until we’re in production, not short term trading profits.
Don’t worry shogun- we’ll slice through the competition, ‘even if they number 1,000, just start at one end & keep striking them down until there are no more’ ( hagakure ).
(20min delay)