Cobalt price falling will lead to market corrections in the long...

Cobalt price falling will lead to market corrections in the long run. Basic economics. Price falls which disincentivises new mines to start production. Less new supply leads to a turn in price untill we eventually find an equilibrium. Yes supply ran a bit hard but we are seeing a correction in price now as a lot of stock and inventories are used up. 

rising demand and low prices is unsustainable as cobalt will still need new mines in the medium to long term. A price increase is inevitable and high grade miners will be profitable long term.