Jervois Global Ord Shs V.JRV

What does the future hold, do tell

[heiworm392HFFz]

A lot of old-timers expected $2/share in 2008 once we reached production with Formation Capital (which didn't happen), and the same thinking with Ecobalt, and probably now with Jervois. Yet, here we are... with a 'commisioned' mine, stuck at .35 cents.

To make matters worse, there is now a 100% chance of a recession. Look at the chart below to see what Recessions due to auto demand!

https://www.macrotrends.net/1372/auto-and-light-truck-sales-historical-chart

Additonally, we have 1.5 Billion shares of stock,  and the move away from  Cobalt continues at a steady rapid pace.  

The problem is, by the time this Recession comes and goes, Cobalt will be virtually removed from EV's (at the same time Supply is high due the ramp-up like Jervois, etc). 

Oy veh... 

What are the sentiments on this board?  All I hear is <crickets>.

[Paper01]

We still do need colbat. The big reason to move away from it is problems with how it is mined in Africa. Maybe with better run mines there won't be such a push to get it out of battery's. I was reading that pushing colbat out of battery's comes at a cost of have to make them heavier and uses a lot more nickle to get the same results. The nice part about jervois is we are not just a