Good buy? Cobalt companies? (1 Viewer)

Neil_

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2017
Mining boom 2.0?

Cobalt?

https://finance.yahoo.com/video/battery-boom-drives-vale-sign-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-stock-take-advantage-latest-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?
 
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