Late recovery Nice to see some late demand on FT and a few other cobalts on my watch list
anyway further to some of our other comments about Covid, Cobalts and mines in general in DRC.....see the link from cobalt news - the question in my mind when reading this is they refer to " expected short term effect of Covid in thge DRC " and while the largest ecomomy in the world south of us stumbles thru this Covid i wonder how the most corupt gov. in the DRC will handle it - in NA thay are talking 1-2 years minimum whats the legitimate forcast for over there ??? i doubt short term, more lng term and it will not be pretty.
They say Mutanda is in no hurry to reopen - i get that - and it wont be beacuse there is no demand but i suspect it will now all be about covid and be near impossible for as much as two or more years by the time this virus raveges the DRC and others.
The next question .....is that enought to throw the switch for FT
https://www.engineeringnews.co.za/article/idled-mutanda-covid-19-to-drive-25-drop-in-drcs-cobalt-production-2020-08-07