WFE 0.00% 2.4¢ winmar resources limited

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  1. 7,565 Posts.
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    Lol , sorry @minoil The cat is well and truly out of the bag , its just a matter of time really ! Cobalt going crazy ATM and only expected to go higher as demand increases in 2018.


    As the chart below shows, LME cobalt prices started the year at $32,500 per tonne, and have moved upward since then. The highest point of the year was reached last week, when prices hit $75,000.
    Screen-Shot-2017-12-13-at-11.02.34-AM.png
    The ramp up in gigafactory-scale capacity over the next five years likely means we’ll use much more cobalt than was forecast even a couple of years ago,” he added.

    “I still struggle to see where an ample supply of cobalt will come from to satisfy most EV demand projections,” Berry said. “With the realization that additional mining capacity will be needed to satisfy EV demand, the eyes of the market have started to shift towards smaller-market-cap companies that are development stage and looking at funding opportunities,” he added.
    https://investingnews.com/daily/res...ls-investing/cobalt-investing/cobalt-outlook/

    MetalsTech prepares to spin out Canadian cobalt asset
    27 Dec 2017

    http://www.*.com.au/companies/news/189277/metalstech-prepares-to-spin-out-canadian-cobalt-asset

    Ps. As soon as .0035 orders start I've been jumping in and getting my fill at the same price , more Ass than Class I might add
 
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