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AUTHOR
DATE
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9/09/19 11:28AM
Cobalt 27 faces investor outcry amid accusations it's selling ‘crown jewel’ assets at a loss
https://business.financialpost.com/commodities/mining/cobalt-27-faces-investor-outcry-amid-accusations-its-selling-crown-jewel-assets-at-a-loss
Toronto-based Cobalt 27 Capital Corp., which billed itself as an investment in the electric vehicle revolution, is facing outcries from some of its largest shareholders as it tries to sell its most valuable assets during... login to read the rest
Pala investments ltd, which owns 19.05% of the company is taking the company private (the good parts only). They will pay $3.57 in cash per share and pay off the company debt, including $6 million to cover... login to read the rest
Thanks for the questions. Over the last few days I have reached the following conclusions 1) KBLT is not likely to exercise the $115 million call right until prices are higher (probably $6 nickel and mid to high... login to read the rest
Hi Tyler
I share your bullishness on the price of Cobalt metal at current levels.
I didn't follow your SOTP calcs that don't seem to reference the $115m in Net Debt, or did I miss it?
Lastly, any... login to read the rest
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