RE:If Drill Results are good - no worriescobalt prices factor in a large profit for producers at this point in time,agreed !
but to incorporate ev,s they MUST reduce costs in battery production/kwh.
so personally i hope cobalt doesnt become ridiculously priced, new tech will overpower any battery thats produced today and will take a good many years to incorporate in the ev industry too.... in finland is a private company using a salt chemical that negates lithium, and can be charged in 5 minits, but its not fully developed yet, and not a public company either dammit !....so lico should be producing long before any fundamental change occurs there.
katanga mine in DRC price has risen sharply this last week as it nears production after refit and section improvements, THE WORLD WILL HAVE ITS COBALT, and civil unrest/war/child labour be damned..... at least until a few juniors start producing, just sayin