OTCPK:KATFF - Post by User
Comment by
fischerkuson Sep 06, 2018 4:05am
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Post# 28570252
RE:RE:RE:Everybody should now this by now.
RE:RE:RE:Everybody should now this by now.one reason could be that Tesla cut the cobalt content into half. This could lead investors with no deep technical understanding to selling shares.
Tesla is the only electric car maker in the world, that uses batterys with aluminium, which allows that low cobalt content. Many investors assume now, that it is possible to reduce cobalt to zero in the same time they cut it into half but that is technically not possible:
https://www.theassay.com/canada-listed-miners-insight/panasonic-reduces-teslas-cobalt-consumption-by-60-in-6-years-but-cobalt-supply-challenges-remain/
The beliefe into Katanga is very low, because of lack understanding of the battery physics. Every month you can read of an breakthrough of a new battery technology without cobalt and this creates uncertainty under investors.
So investors will be back when they see the huge mass of money that comes in to Katanga Mining on both copper and cobalt.
that is my opinion, thank you for reading!