AUZ 6.67% 0.8¢ australian mines limited

Aron thanks for the post. Some good point is made. However, I...

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    Aron thanks for the post. Some good point is made. However, I come a cross this thread in CLA. Link below has I'm depth analysis

    The summary of it, as u mentioned even though price is volatile and other miner will increase cobalt production, I think the supply of Cobalt will be short while Sconi in production. So Auz is a winner anyway as it has Cobalt and Nickel.

    "There isn't a better element than nickel to increase energy density, and there isn't a better element than cobalt to make the stuff stable," said Marc Grynberg, CEO of materials company Umicore

    So if battery maker look to reduce cost by increasing Nickel cathode over cobalt then they have to trade it with stability.

    https://hotcopper.com.au/threads/cl...3965810/page-97?post_id=31520302#.WqEUZ4GuY0M
 
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