OTCPK:KATFF - Post by User
Comment by
Cassius1977on Mar 14, 2019 1:35pm
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Post# 29486453
RE:Cobalt spot price
RE:Cobalt spot priceCassius1977 wrote: Once it pulls out of this nose dive it is in the SP should sharply rebound. My guess is that will start happening fairly soon. I expect by year end it will be in the 25-30 range per pound.
Also, copper is at or around 5 year lows. It seems to me that we could be on the cusp of another big cycle. India has a long, long way to go in terms of development and that will take base metals.
When I mean 5 year lows I mean LME stockpiles not price.