AUZ 0.00% 2.0¢ australian mines limited

hahah tony tony. everyone is making asaumptions on what bb was...

  1. 623 Posts.
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    hahah tony tony.
    everyone is making asaumptions on what bb was quoted in the australian website.
    his comment is clearly talking about if we were mining cobalt on its own the project at current prices is uneconomical.

    here is his a snapshot from the article incase you didnt read it

    "He expected cobalt prices to recover in the coming years as the electric vehicle industry grows and carmakers looked to lessen their reliance on cobalt from the Democratic Republic of Congo, where there have been widespread reports of child labour.“At current pricing, it probably gets hard to finance purely as a stand-alone,” Mr Bell said.“But at the end of the day, the European car companies still want non-DRC cobalt "

    hence tony why i suggested that we have nickel and scandium also that makes the poject viable...

    what is your intepretation ?
    Last edited by Putin: 16/06/19
 
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