OTCPK:KATFF - Post by User
Comment by
Lech1988on Aug 05, 2019 9:33am
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Post# 29994345
RE:WHY HAVE COBALT PRICES CRASHED
RE:WHY HAVE COBALT PRICES CRASHED
Except KAT isn't ramping up well - in fact its cobalt exports this year are likely to miss the mark dramatically. I suspect once Glencore announces its plans on Wednesday (which will likely result in a dramatic scale back in its production ambitions for Africa) we will see Cobalt turn higher again. At these prices it’s a no brainer for consumers to stock up but they haven't had any bullish news to act on.