Ramsess1...it is my impression that RF does not want 100% offtake. I believe he is of the opinion that he will maximize profit and position
by maintaining a good portion of cobalt uncommitted.
I am not saying it is a good strategy or a bad one; I only mention it, because some people may perceive his 20% off-take to be a sign of weakness, compared to those who have 100% offtakes.
My opinion is the opposite. The 20% off-take is by intention, and shows strength. RF does not need to take 100% off-takes
to the banks to get financing.
Just my opinion.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 561 | 39.0¢ |
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Price($) | Vol. | No. |
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40.5¢ | 3818 | 3 |
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No. | Vol. | Price($) |
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1 | 561 | 0.390 |
2 | 1784 | 0.385 |
2 | 27631 | 0.380 |
2 | 20943 | 0.370 |
2 | 14000 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 3818 | 3 |
0.410 | 2909 | 1 |
0.415 | 9879 | 1 |
0.425 | 20000 | 1 |
0.490 | 1250 | 1 |
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