Carabella Res Ltd Nsw CBLLF

RE:Good for WPM, is excellent for KBLT.

[hipfner]

The annoying thing about these articles is the dearth of contrary information. The percentage of cobalt in batteries has been dropping for years. Recently, Musk said that they are aiming to eliminate cobalt entirely. No industry enjoys being held for ransom. The track record of eliminating "critical" ingredients from supply chains is long and impressive. New non-DRC cobalt supply is ramping up, e.g. Australian hard-rock. There is always opportunity to make money on temporary supply/demand imbalances. Personally I've made my profit on KBLT and sold a couple of months ago. (I held on too long during the rare-earth mania) Please read their financials on Sedar. No revenue. Burning about $350k monthly on salaries, share/option grant, travel, G&A. Revenue from streaming deals won't arrive for 3-4 years.