TSXV:FCO.H - Post by User
Comment by
AyuFanon Oct 05, 2018 2:59pm
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Post# 28754290
RE:Farm1234
RE:Farm1234Mike, I honest don't have an expectations for 2019 and 2020 at this time as the company continue to push their deadline. I'm currently waiting for their Fesibile Study.. and crossing my fingers that they actually deliver their promise of the financing and offtake.
My gut feeling is telling me that the previous CEO did not do a good job discussing about the fianancing / offtake as well (which prompt the resignation).
So... let's say both OFS and Financing are done in Q4, 2018.
And if cobalt rallies in Nov to March 2019 (the regular cycle that was stated in KBLT's website.
I would say the share price will go up till February .. then drop back down.
does that help?