TSXV:FCO.H - Post by User
Comment by
reeJoeyon Mar 09, 2018 2:50pm
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Post# 27693426
RE:The big change in how to value ECS
RE:The big change in how to value ECSAt anything close the to recent rise in Co, my bet is that cobalt will be at or real close to $100,000/ton, now $84,000, when production begins NEXT YEAR. All the more likely with the new DRC taxes that will both discourage new investment and perhaps even expanded production. Eventually this will sink in with the market.