Interesting Article - timing is everything, page-17

Sorry Oz , ill just address this buddy at the same time .

Quote: I thought it was a worthwhile project, while prices were high, though with cobalt prices having crashed since WFE went into suspension, it is a lot less worthwhile than it was

Fair call if we were just a miner digging around to prove up some ground , but WFE have a proven Ore supply , Minimum 1% at 50,000 tons per Month. And between the two of us I believe 3% will be much closer to what we get , and a 5% copper component ( Give or take yeah ) we shall have to wait for that !


Like I addressed in the last post , the ( ASM) and ( SMM) miners will be on a sliding scale , LME price down means WFE pay less for the same supply. As long as you know what you pay for supply , the price of production and what the end user is willing to pay , Im not understanding how we lose here !