ASO 0.00% 0.9¢ aston minerals limited

TER: Are there catalysts in the short or medium term that...

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    TER: Are there catalysts in the short or medium term that investors should look out for?

    AM: I would look out for cobalt prices. Watch what the big automobile companies are doing. Look at all the announcements around the model commitments and sales numbers of electric vehicles because that's a leading indicator to a move in cobalt. You could have some alpha by watching that because that might happen before the move in cobalt price. The reason I say that is because when you see the cobalt price moving, ultimately that's going to impact our share price, and you're going to see us go up. So if you have any insights that help you take a position on what's going to happen with the electric vehicle adoption rate, if that's going to accelerate, then that will give you a basis to have a view around the cobalt market, which ultimately will be a knock-on effect into our stock.

    http://www.24hgold.com/english/news...&redirect=false&contributor=The Energy Report
 
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