If they aren't, let's show them a chart
Cobalt looks a bit oversold to me, and due for a come back. Some company's want a sustainable and ethical source of product, something the DRC isn't known for. The big analysis firms are admitting they went too hard on Lithium, maybe they might be adding a few more to their list of mistakes.
But that said, I also feel Nickle should be the target at Golden Ridge with cobalt credits to offset production costs. Nickle prices are on the up!
PIO already ready have a mothballed Nickle mine and current resource of 222,710t nickel sulphide ore with a grade of 2.92% Ni. At today's price that equates to AU$119 million. Throw in the Pioneer Dome Caesium money and PIO should be looking at 9c per share...
But alas, you need more people than little ol' me to believe that story. I wonder what the PIO team have been up to since mining finished in January...
I'll just keep sitting back waiting for some sort of news...
PIO Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
