Post by
rampage1 on Dec 31, 2017 3:25pm
Stevercan
For many years i thought the way you do re:cobalt but i have changed my perception laterly after much research.
I understand why you think cobalt could become obselete overnight but what i've found out that
when dealing with batteries for e vehicles safety will trump more powerful batteries. the reason is because the current batteries have been around for over 10 years and are viewed as safe.if you come out with a more powerful battery it has to be safe ie: won't catch fire from say chemical reactions or spontaneous combustion etc etc. Remember not long ago Samsung equiped kizmoz were not allowed on commercial airplanes because of possible fires ? ? ? do you know how much that cost Samsung ? ?
After i concluded my research i have come to the conclusion the current cobalt batteries will be around for at least 5 more years . Many Cobalt miners will benefit big time before the new batteris are available commercially .Invest accordingly
Comment by
BlueCobalt on Jan 01, 2018 6:26am
You guys are right, Cobalt will be used at a min 5 years that is more then enough to play this metals and mining cycle but the first 8,1,1 batteries are all ready coming off the production line not 5 years from now.