RE:RE:RE:This could be a long road@M
I feel I am relatively well respected on this board. I believe your arguments are fallacious at best and perhaps deceiving. I responded so everyone knows the value I put on your post. Complete unsubstantiated nonsense.
1. "Financial houses, stock analysts know little about it and have no interest in it".
You provide zero substantiation, nor does it make sense. Of course Financial houses understand we are on the cusp of transitional change in the EV realm, and that Cobalt is required. There have been literally thousands of articles on the subject, and cobalt itself is a top performing mineral.
2. "Cobalt pricing has a very volatile history so almost nobody is willing to place a bet on it"
Not any more volatile than Gold, Copper or Palladium (the first 3 I looked at). Again, zero substantiation, and it makes no sense. Cobalt has been no more volatile than other minerals, and if it was... there is no evidence to suggest that investors cease volatile buying at the lows and selling at the highs.
Copper varied 643%
Palladium varied 818%
Gold varied 600%
Cobalt varied 500%
3. "...may be [the] only one that has a serious interest in cobalt".
ECS is going to do what it almost did in 2008 before the Great Recession... get financing and build a mine. Break-even point is about $12.00, and we are at $30 now with Cobalt Sulphate, and expected to go higher. If they do sell, it certainly wouldn't be for the $2.00 figure you mentioned (the biggest investor, Dundee, who bought in at $1.50).
4. "If nothing happens over the next 6 months, we will be effectively [be] on potential permanent care and maintenance."
Ridiculous. If they don't have financing in 6 months, they will get it in 7. The EV boom is happening, and Cobalt is expected to increase through 2025 (I think that was the date I read). Going on 'Care and maintenance' in the middle of transformational EV adoption is just absurd.