Post by
farml1234 on Jan 29, 2023 8:12pm
Don't think the investors down under like the report
Management are trying to run before they can walk
jmho
Comment by
learning123456 on Jan 29, 2023 10:17pm
They overpaid and overstock cobalt at Finland. It going take the whole year to take care of the overstock cobalt. I wonder who the genius was that overpaid and overstock the cobalt. "2023 business plan expected to deliver reduction to target inventories of ~110 days by December 2023" Previously they said by end of the this quarter. Still Learning
Comment by
learning123456 on Jan 29, 2023 10:21pm
Also, they figured out it gets cold in Idaho during the winter. Idaho project is behind schedule. No word on what they are going to do with the cobalt once it is out of the ground. Still Learning
Comment by
farml1234 on Jan 29, 2023 10:56pm
about a year ago our hot shot management team hired a hot shot cobalt trader , if i remember correctly we paid about $70,000 a ton for that inventory jmho
Comment by
learning123456 on Jan 30, 2023 3:03pm
I wonder how many options he received for losing the complany millions of dollars. Still Learning