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25/09/18
11:54
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Originally posted by pc3
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Yes you are correct and at times I have been guilty. So lets go through some of the positives and surmise on the positives that might be awaiting.
We know what we are not a happy with so lets ignore that for the time being.
What we currently know.
1. We have two tenements that are prospective for Cobalt Husky and Malmute
2. EV revolution unfolding "if" we have the goods eventually it will need to be mined
3. DRC cobalt is on the nose due to ethics etc.
4. DRC applying more taxes to the mining of said cobalt
5. Cobalt price stabilizing now 62k per tonne, stable "normal" price suppresses advancement on cobalt alternatives, although the alternatives are currently unstable and on the back of napkins still.
6. Boneparte (some monetary value ??)
7. If we do hold the goods the tenements might be of value to neighbors
8. SP at ground floor prices if we have commercially viable deposit it's a multi bagger
Are there more positives ? add to the list if there is please.
Now the suspension....HDY are also in suspension I'll be honest I have no idea what they might be acquiring or what the plan is.
Is there a "positive scenario" that could add value to the SP ?
Is it as simple as VIC is taking over HDY or vice versa is it just a co-incidence ?
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It appears HDY and VIC trading suspension are unrelated at this time. While it’s true directors sit on both boards, the HDY suspension is related to an ASX query. It is unclear if that query relates to a previous ASX query regarding statements is a report that was released or some other matter.