Whate Really is goig ON, page-105

@insaf yep good post.

"The price gas retraced more than most expected.now how feasible is this project in the short term."

This is the real shock throughout all the junior cobalt plays. I know I certainly did not expect such a savage pullback in the price thinking back to this time last year.

While I did buy into one of the other junior cobalt plays in QLD, I sold last year when it was going no-where, but the cobalt price back then in November was still around $US60k/t.

I don't think any of us that were interested in these cobalt plays even considered prices going as low as they currently are. I would not be surprised if that same thinking applied to the directors of all the junior cobalt plays. With the EV revolution taking off and great percentage increases in EV uptake, plus more Li-on battery uses, it all looked blue sky.