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If anyone is looking for a reason why we had to diversify away...

  1. catscatscats
    1,096 Posts.
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    25/03/19
    22:33
    Post #: 37879909
    If anyone is looking for a reason why we had to diversify away from Cobalt then here it is. http://www.infomine.com/investment/metal-prices/cobalt/5-year/

    Cobalt is now the lowest its been in years and its on par with 2014 prices, there is no money in mining it even in rich veins, you have to dig too much up. The oversupply out of the Congo has smashed the market
    MEI Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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