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12.0¢ cobalt one limited

Ann: Quarterly Activities Report-EQU.AX, page-5

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NegativeInvestment

971 Posts.

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16/01/17

21:17

Post #: 21932222
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Originally posted by shikobebaby ↑

Yeah, seems to me the subsidiary is gonna get sold off. Not much attention given to Uranium, which is good in my view.

They're all possible plans, but why bother with Uranium in the first place? We already got lots of primary Uranium producers in the world, including our own ERA. Perhaps just sell it to ERA, which is nearby too?

Idk, we got Co and Ag in Timiskaming, Ag is a good backup if Co flounders (which is unlikely).

The gigafactory 1 is forecast to be completed in 2020, with a gigafactory 2 being planned for europe in 2017, if EQU can get into production mode in 3 years from now.... I think we know what that means

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I'm not sure the uranium is worth much - there don't seem to be many companies that can make a dollar out of uranium and I'm not sure how bright its future is.

Find the cobalt story more compelling at present.

CO1 Price at posting: 7.1¢ Sentiment: None Disclosure: Held
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