Thought I'd begin a new thread to discuss the valuation of COB and different opinion's people may have that I could adjust my valuation with.
I have completed a NPV of the BHP up to 2030 (8 years) on the assumptions of:
-3500 tonnes per annum of mined cobalt beginning 2025
- Cobalt average price of USD $28/lbs as found in COB investor presentation
-Sulphur of 300,000 tonnes mined and sold per annum beginning 2025
-sulphur price of USD $146/ tonne
-All in sustaining costs of USD $12.5 beginning 2025
-CAPEX investment of AUD $560m in 2024 see investor presentation
-straight line depreciation of 10% per annum
-shares on issue with all options converted ~233m
-discount rate of 10%
*This does not include waste stream project but I will attempt to make a separate NPV in a while with this project. Any input regarding this project in terms of size, CAPEX, and timeframe would be appreciated. I know that it would triple the Co resource but all other assumptions regarding CAPEX and AISC will be wild guesses based on the BHP.
I have gotten a NPV of AUD $1,442,247,458 for the BHP which equates to a share price of $6.17. This is roughly in line with COB's own project valuation.
Now for dividends, assuming the company will begin paying dividends in 2027(when CAPEX has been re-couped) a lower and upper bound of 30% and 50% of profit distribution has been calculated.
2027
30% of profits distributed, dividend of $0.40/share
50% of profits distributed, dividend of $0.67/share
2030
30% of profits distributed, dividend of $0.54/share
50% of profits distributed, dividend of $1.07/share
Assuming a high dividend yield of 10%, in 2030 we get a share price between $5.40 and $10.70, which is inline with the NPV of the project.
- Forums
- ASX - By Stock
- COB
- Valuation of COB
COB
cobalt blue holdings limited
Add to My Watchlist
5.45%
!
5.8¢

Valuation of COB
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
5.8¢ |
Change
0.003(5.45%) |
Mkt cap ! $25.80M |
Open | High | Low | Value | Volume |
5.7¢ | 5.8¢ | 5.6¢ | $5.559K | 96.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 49230 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 396977 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 49230 | 0.056 |
1 | 18181 | 0.055 |
2 | 72691 | 0.054 |
3 | 127991 | 0.053 |
6 | 373832 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 396977 | 2 |
0.059 | 149940 | 2 |
0.060 | 113145 | 5 |
0.062 | 130345 | 2 |
0.063 | 18000 | 1 |
Last trade - 15.04pm 10/07/2025 (20 minute delay) ? |
Featured News
COB (ASX) Chart |