CTM 1.16% 42.5¢ centaurus metals limited

Ann: Brazil Copper-Gold Exploration Progress Update, page-83

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  1. 788 Posts.
    lightbulb Created with Sketch. 207
    Haaa...Maybe great minds always think in different ways..Sometimes it goes one way and other times the other way...Left brain/Right brain....Who knows...

    All I know is that with all the $$$Billions the car manufacturers worldwide have put into the EV Revolution, which is happening at a greatly increasing rate-much more than the anal-ists previously
    forecast, that the DRC will not be able to provide for more than their present about 70%...In fact, even with them ramping up production, IMO I believe their % will continually decrease with the exponential increase beyond what they can keep up with...

    Sooo...with Nickel warehouse reserves shrinking daily and the present worldwide Nickel producers, those few that actually produce battery grade Nickel....The EV Revolution needs lots more nickel which I believe is more needed actually than cobalt, which will also be increasingly needed (and Scandium also with increasing demands as Scandium is more readily available for purchase) I believe many of the Ni-Co laterites will, at some point (some sooner than later), will find funding as nickel prices accelerate and maybe cobalt can find an $80k-$100k level, that funding entities (whether banks or whomever) will ease up on their requirements and the many laterites will be funded...

    Centaurus is maybe a year give or take behind the other laterites i.e. CLQ/AUZ/ARL/JVC/GME and a few with lesser size deposits and also the Ramu deposit in the PGM....There are not many more Ni-Co sulphide resources out their...Soooo if the Battery Makers (working for the Car Manufacturers) want any battery product like nickel, they will need to go to the Ni-Co laterites...

    It appears that 2020, just one year away, is when the upward curve really spikes up so not that far away...

    Then, of course, Centaurus also has probably lots of gold...And that is another story...

    Happy Thanksgiving!!
    Last edited by cobalt play: 21/11/18
 
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