At the end of the day if the Cobalt price does not become economical then there will be no cobalt for batteries. Most companies are in the same boat, if not a worse one.
The latest news that is saying they are even having difficulties with an 811 NCM solution for batteries, as well as the DRC issues should surely push the Cobalt price up to ensure that projects are able to be financially viable. Otherwise there is no cobalt and no batteries.
Maybe that is too simplistic of a view.... I don't think so though.
AGM 13.11.18, page-98
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