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Traders are a little spooked today thinking cobalt & lithium are...

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bluesamurai

4,151 Posts.

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22/01/18

15:25

Post #: 30472204
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Originally posted by bluesamurai ↑

Check out cobalt stocks around Broken Hill, in a very strong position to benefit if Congo supply disruption occurs due to unrest & higher royalty charges made law. Make sure you concentrate on companies that can produce cobalt sulphate. There are a number of these companies to report their progress , possibly this week. All of the companies that have some reference to cobalt will rise a little but only the ones that have spent the last few years proving & developing their resources should be looked at IMO.

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Traders are a little spooked today thinking cobalt & lithium are in the same boat. Time will show that they inhabit completely different positions in the EV battery supply industry. Cobalt price is rising and supply is becoming tight. Plus the 60% DR Congo controls is in a very precarious state,
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