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Thread: Good buy? Cobalt companies?

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    Junior Member Neil_'s Avatar
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    Exclamation Good buy? Cobalt companies?

    Mining boom 2.0?

    Cobalt?

    https://finance.yahoo.com/video/batt...002105939.html

    "The cobalt price smashed all expectations in 2017, soaring 130% and is now at multi-year highs in excess of US$94,000/t." - https://www.nextsmallcap.com/asx-sto...t-cobalt-boom/

    Ardea resources owns the largest amount of Cobalt reserves in Australia. Current price is $0.64.
    Keep in mind BHP was it $0.22 in 2002, now it's at $34 a pop. = 154.545455x increase.

    Good buy? Bad buy? Yes? No?
    Last edited by Neil_; 9 Oct 2018 at 6:16 PM.


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