Post by
rkhosla on May 07, 2024 5:18pm
The VWAP today was 333
Half way to 666....
i'm suspecting tomorrow tomorrow will be a pretty depressing day for us with the after the market close quarterly release.
Comment by
Albatross on May 07, 2024 8:20pm
We've come a long ways down and now we have a long road back up.. Hopefully we can still squeeze some cobalt from MOA JV for our swap agreement. I'm hopeful.
Comment by
rkhosla on May 07, 2024 9:05pm
you can't even buy a Big Mac combo meal with a pound of Cobalt lol. ($13.89 vs $12.70). Don't hold your breath re Cobalt swap. https://www.mcdmenu.ca/
Comment by
Albatross on May 07, 2024 10:21pm
Yeah what a swing in prices.. they expect demand to increase another 50% from here through to 2030. https://www.statista.com/statistics/1425427/global-cobalt-demand-forecast-by-end-use/