I mentioned this coy is unique, but folks correct me if I am wrong, the 7 suppliers of ore, they would be paid a wholesale price of cobalt, then we process it and sell for retail price? I think other posters have alluded to that, so in a way the cobalt price, whilst still important, WFE can still make reasonable coin assuming all other costs involved fall into line. I am sure thats how it will work, the difference of wholesale to retail is the margin WFE makes less AISC . I guess this is the grey area that I would like to explore more, so all those real technical dudes out there, interested on your thoughts.
You all have a great day.
WFE Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held