I agree 100%.... just pointing out that the claim as I read it appeared to be incorrect
"Two of my companies CLQ and NZC have used cobalt prices well below spot".
However, I can see that the poster may have meant today's spot, not the spot price @ the time or the numbers being used for finance.
NZC's was somewhat brave as I don't know if any major analysts had raised their long term forecasts to that level @ that time.
The assumed cobalt price CLQ @ ~ US$14 /lb and NZC @ ~ US$ 18/lb are well below today's spot price.
I agree 100%.... just pointing out that the claim as I read it...
Add to My Watchlist
What is My Watchlist?
