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$41 / lb... omg... This is golden !!! Thanks.. I have been...

  1. rastus2
    3,756 Posts.
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    28/03/18
    10:59
    Post #: 32081908
    $41 / lb... omg... This is golden !!! Thanks.. I have been seeking just this thing but didn't expect ALR to put theirs out today..

    My hope was that another cobalt player would put out an ann with an assumed Cobalt price that tests the market appetite for a higher value.... let them be the arrow fodder of the market rather than CLA.

    This is what I am talking about... if CLA puts out something that makes that high an assumption for cobalt, it risks being slaughtered by the market... well ~ 10% drop by ARL co-coinciding with DJI down day does muddy the waters... lets see how they recover.

    We don't need to blow anyone's socks off with how much profit we are going to make... just a sound business case built on solid assumptions...

    I have no doubt BB will deliver us just that... one smart cookie who would be well aware of walking that tightrope with Cobalt assumption..

    @blastfurnace
    Last edited by rastus2: 28/03/18
    CLA Price at posting: 14.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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