Cobalt has most recently gained my attention because 60% of the cobalt that is supplied in the world comes from the Congo, a region that has come under heavy scrutiny for its practices and treatment of women and children.
You have children as young as seven years old in some of these mines. Some have deemed the Congo one of the worst places in the world for women and girls, considering the militias and armies warring over conflict minerals, with some of the highest rates of violence against them. President Donald Trump has drafted an executive order targeting a rule requiring U.S. companies to disclose whether or not their products contain "conflict minerals" from a war-torn part of Africa and to report on their supply chains. The world is demanding alternatives, and companies that are on the front lines, positioning themselves as a solution to unfavorable mining, will be major beneficiaries.
Social pressures are pushing companies to do the right thing and invest their money in places where humans aren't being exploited and taken advantage of.
As a result, you have companies like Apple, Blackberry, Motorola and Intel who are deciding to move away from sourcing their materials from companies that utilize "conflict minerals."
And as far as the implications this has in addition to an already existent supply shortage, we could see cobalt go sky-high in 2017.
Any type of major shift in supplies coming online from the world's largest supplier could double the price of cobalt from its current price to $50 or more.
This would be trading near 100p-180p by 2019 or before.
Management needs to: - Get institutional investors at 15p per share basis in next two months to get OTC Slovakian operations running by Sep 17. - Use the money from OTC to fund Casa Mining to expanded feasibility studies and open-pit mining operations in 18 months. - Help Andiamo to produce cashflow by set-up of small scale open pit gold mining operations by end of year - that would also prevent further dilution of Ortac Resources. - Find investors to scale up Zamsort mining operations. - Give Monthly Updates
Ortac Resources is sitting on 2-3 mining assets with the potential revenue generation capacity of $50 million upwards per year. - Slovakia: 100k ounce gold mining operations per year - Congo: 50-100k ounce gold mining operations per year - Eriteria: 50-80k ounce gold mining operations per year.
Once all the operations are up and running in 24 months, OTC should be trading around market cap of £100-£200M. (The worst time phase has gone....
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