Here we are back at square one, prices are down, down. What makes you believe prices won’t come back up? Substance is all I ask for? WFE in suspension again and again? These are obvious to anyone, reality is mining both Copper and Cobalt going forward is both manageable and profitable at current prices.
Cobalt is worth more then it’s partner in crime Lithium. It Lithium is profitable at US $15k I am sure Cobalt is still highly attractive at US $30k
I don’t believe cobalt price should be an issue until more then another 50% drop, this would take it down to the same spot price as for Lithium. It is important to realise all minerals, commodities etc all go up and go down, if they didn’t there wouldn’t be a market for anything.
I believe both Lithium and Cobalt have bottomed and we should see some appreciation in pricing come mid to end of year. Profitable operations are all that matters!
DYOR AIMO
Here we are back at square one, prices are down, down. What...
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