Lol, cobalt blue will prob break even at $10-14 bucks a pound,...

Lol, cobalt blue will prob break even at $10-14 bucks a pound, factor in financing cost etc...
You obviously havnt read much about cobalt blue

61,000 tonnes of cobalt
122mill pounds
20 year mine life

@$40 a pound, and $13.50 a pound cost lets say

6million odd pounds a year,
Revenue @ $40 a pound, $240million REV

Minus cost Income $160 odd million profit from extraction of cobalt


Factor in $140millionn CAPEX
Financing cost per year

$8million in interest roughly per year
$7million principal payments per year


ROUGHLY $140Million Dollars Profit per year @ $40 a pound for 20 years
10x P2E
COBALT BLUE value $1-1.4billion dollars
US DOLLARS TOO


So share price will be $10 range by 2020



THESE FIGURES ARE SUPER ROUGH SO GIVE OR TAKE 10-15% ERROR