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If I was Tesla and Panasonic etc I would be trying to talk down...

  1. robbo24
    7,025 Posts.
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    18/06/18
    09:14
    Post #: 33772102
    If I was Tesla and Panasonic etc I would be trying to talk down the price of cobalt as well.

    Meanwhile they are taking positions in cobalt companies.

    LG, for example, bought a big stake in Cobalt Blue: https://www.asx.com.au/asxpdf/20180323/pdf/43snz4q41q4czb.pdf

    I think the rhetoric will run dry against the practical reality that cobalt demand is going through the roof and cobalt supply is up against a hard place in DRC.

    Opportunities present themselves from time to time, be greedy when others are fearful!
    MEI Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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