Post by
17Digger on Jan 28, 2021 7:12pm
LME cobalt rise on Jan 28
Tonight's cash price of LME cobalt is up another $860 per metric tonne to $41,250 as the steady rise continues.
The cobalt sulphate rise is often even larger than the metal price increase.
xx
Comment by
David123 on Jan 28, 2021 7:33pm
It logically makes perfect sense to add more shares now :)
Comment by
RudeyT on Jan 28, 2021 7:57pm
Already up 29% in the first month of 2021. Market will eventually be recognizing these gains. Jan. 28 Cobalt Price / lbs = US$18.71 Dec. 31 Cobalt Price / lbs: = US$14.52 Only needs to raise another 33% in cobalt price in the next 18 months to meet the price assumption of US$25. And with TM's recent tweet that sulfate is already at that price in china... Looking good, longs!