Great read and very key points . . and basically . . . the demand for cobalt isnt decreasing. Even if they invent a battery that works without it . . they are better with it by orders of magnitude and arent going away soon.
Also, the recent price spike for Cobalt didnt come from Battery and EV demand . . and the recent small drop in price was caused by China's overstock of Cobalt
Lastly, Elon Musk isnt exactly well known for well thought out statements recently. . .
Demand isnt dropping . . and supply isnt exponentially increasing . .. until they find some big sites with a shedload of the stuff . . like Ontario Cobalt Zone
Roll on Mulligan results. There are a few hints in the news releases that tell us this is a big one.
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Last
9.2¢ |
Change
-0.003(3.16%) |
Mkt cap ! $222.2M |
Open | High | Low | Value | Volume |
9.7¢ | 9.7¢ | 9.1¢ | $312.4K | 3.347M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18152 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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9.3¢ | 23280 | 2 |
View Market Depth
No. | Vol. | Price($) |
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5 | 1773521 | 0.011 |
11 | 2924000 | 0.010 |
6 | 4510000 | 0.009 |
7 | 2258300 | 0.008 |
1 | 142857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 620532 | 3 |
0.013 | 1998837 | 5 |
0.014 | 926384 | 7 |
0.015 | 670000 | 2 |
0.016 | 1179000 | 5 |
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