Member Info for misty12

Why would it be different

Lol

Yep, the interest in WSG is extraordinary

"But the production increase came alongside a shift by some automakers toward replacing cobalt in their batteries, turning to cheaper alternatives. Battery producers have also started moving away from the metal to avoid human rights issues and environmental problems linked to cobalt mining in the Democratic Republic of Congo, where safe practices have been a challenge."

"The three-month London Metal Exchange price for cobalt dropped 35.7% year on year to $33,420/mt as of Dec. 1, according to S&P Global Market Intelligence data. As of Dec. 22, the three-month price has plunged further to $29,135/mt."

"Challenges faced by cobalt producers have been compounded by the rise of low-cobalt batteries as battery makers develop new chemistries that use less of the metal than ever before. US and European carmakers have been working to avoid cobalt from the DRC because of allegations of labor and environmental abuses. DRC produced 73.3% of the world's cobalt in 2022, according to S&P Global Market Intelligence data."

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/122723-oversupply-low-prices-for-cobalt-to-persist-in-2024-as-demand-slips

Cobalt is finished Mike.

More personal insults Doc. Hit the bottle early last night I see, not someone who looks comfortable with their exposure here

Oh dear

Lol. Sure. Just keep telling yourself Doc. Its all in your history both here and advn how much your down.

Lol, just lol. Another liar on the WSG board

I think your the dim one investing in this company all these years chasing the share price down as you wet the bed at night worrying about what you have tied up in this pos. Does your wife know how much you have lost over the years? As for a 2 bit trader, I'm very happy to confirm that I regularly trade this and successfully. You should try it one day Doc, its called making money.

Morning Mike. The fact that the contract is in DRC should be of real concerns to all you shareholders. If its not, your in the wrong game

Really? Over hyped. Its recognised as one of the most dangerous places in the world. No one else wanted the contract thats why WSG got the job. PS I'm still waiting for Pete to contact me or did you lie about that?

Point being, this is very high risk country and that contract won't be worth the paper its written on should the next attempt to overthrow the government succeed.

I wonder how many companies actually tries to win this contract

https://www.bbc.co.uk/news/articles/cxeeydypv32o

Lol Jim. I actually read it at 1.7950 so at 179.50 it’s just a typo

Print. Strange

Morning reece, no idea.

You can repeat as much as you like. Its worth what the market values it at. At the moment thats 2.6p.

What ever this company says needs a very large pinch of salt with it imo and it would seem I'm not the only one.

The proof or not as the case might be will be in the revenue down the line. What ever WSG say at the off, is being ignored.

Why is that I wonder?

Lol "The ferry contract was internal miscalculation"

Exactly! and you want the market to take this seriously?

So the headline was false?