I think the cobalt play is a fair point given what is likely further cobalt price movement upwards.
2 other shares I'm in have exposure to nickel/cobalt, but in laterite, not the preferred sulphide deposits. As a rough rule, laterite is is a bit more of a pain to produce, with energy requirements 3 to 6 times that of sulphides alone.
Both those shares have had a better than expected recent increase, but they both run a diverse portfolio, so anyone buying in partly for the cobalt wouldn't really show up.
Who's holding long term or short term?, page-10
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Mkt cap ! $3.424M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $37.06K | 37.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 19356930 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 187258755 | 45 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.1¢ | 0.1¢ | 0.1¢ | 4258333 | ||
| Last updated 16.07pm 03/06/2024 ? | |||||
| RMX (ASX) Chart |