I agree Duncan, COB is definately entering a sweet spot. The global EV industry is starting to really take off with automakers building gigafactories in a number of countries. global mining media now have an insatiable thirst for battery metals stories , particulaly regarding cobalt. Cobalt Blue has such a unique story it will only be a matter of time before some journalist gets excited and writes a very well read account of the company related to Broken Hill history in mind. It's ironic that BHP has now looking at producing cobalt sulphate in the future. BHP mine started 140 years ago and contributed massive benefit to the town as well as the Australian nation in general . I think the general public have no idea how much their well being is dependent on mining for wealth generation. There is not one person in the nation that is not touched by the benefits mining brings to them. Probably BHP will stick to WA for their cobalt sulphate production but it is not out of the question that a giant company like BHP could grow from the cobalt province surrounding COB's processing plant if in time it becomes reality.
COB Price at posting:
58.5¢ Sentiment: Buy Disclosure: Held
