Post by
Teatimenow on Aug 16, 2018 10:07am
getting very cheap here
essentially, IF (just hypothetically) Silver Weathon would take them over at 35% premium, sell all the cobalt , keep the cash they would have done a cheaper deal than with their portion of the Vale deal on VB
below 5times foreward cash-flow expectation on a stream/royalty play is nothing that will last forever.
even at much lower cobalt prices, which i don`t see coming from here, this is very very attractivly valued
Comment by
HuifdJaNix on Aug 17, 2018 3:29am
Cobalt prices appear to have stabilised too; Lets see if Cobalt 27 is finally bottoming out and hope for the upswing in September.