Cobalt price, page-15

Some more movement north in the Cobalt price to US $58,000 per tonne
Some simple maths
Every increase of $1000 per tonne with an exchange rate of .75 cents
Production of 4000 tonne per annum
Adds 5.3 million to the bottom line
50% equity
2.65 million to CFE
at a multiple of x4 times earnings
Roughly 10 million to the MC
OR .4 cents per share
i.e
$68k per tonne add 4 cents to the SP
WITH MANY ANALYSTS PREDICTING 100k tonne the SP could easily reach 20 cents
IMO
DYOR
GLTAH