Cobalt market is crazing in Chinese A share since CHINESE NEW...

Cobalt market is crazing in Chinese A share since CHINESE NEW YEAR. I really do agree the point that westerns take DRC as a no go zone, whereas Chinese see a golden opportunity to secure the supply chain for next 5 year or maybe 10 years. Here is the history which we all know about. Companies like FMG and other big iron ore producer made a fortune by taking advantage of vast steel demand in domestic market in China in the past 12 years. It is nothing wrong with it. That’s how’s the market works itself. Without the security of domestic supply, the iron piece was pushed to exceed 120.
Chinese made a mistake once, but they won’t make it second time. My first point is the all those Chinese state company will finance to take whatever they can buy/invest. So when the time comes, the thriving EV cars not only make car companies rich, but also state mining companies. As long as you have enough money, you do not worry about the next tech generation changes.
To put this in a simply way, youhua’s aim is not merely invest a company to make more money(they are rich enough), but their aim to secure the resource(become FMG in future). So investing 10million to help NZC survive is the first step. Once construction plan/ resources upgrade is on the table, you will see what they do.
Secondly, people are worry about the tax law of supper profit. I am pretty sure cobalt price will go even higher, because customer will eventually pay the amount of money that DRC claimed as profit tax. When there is market, there is a way.
It takes time for people to understand the trend. Sooner or later, it will shine. Do you have patient?