Interesting article, Cobalt will be needed for a long time, even in a reduced chemistry format, other technologies like solid state are coming but years off and R&D will need to be paid off. So, there still needs to be a lot more increase in Cobalt production to cater to the emerging battery and EV car industry, and any company producing or close to producing right now will benefit the most. CFE will have plenty of it coming from its near term projects and processing plant in Africa, plus will even have some copper on the side.
Hoping that Sagey and team can settle this offtake/funding deal once and for all during this quarter.. would enjoy seeing CFE become the cash box it was before and then move onto the next great boom. DYOR as this is a speccie, but only IMO if this Cobalt project becomes a success, the next dividend could have you free carried at these levels and then some more. I've been here a long time and through the highs and lows but enjoy holding this stock for the risks it takes and the potential, and also for being Sageys baby and having skin in the game.. but definitely not for the faint hearted
CFE Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
