Title : More Randy Smallwood cobalt news
link : More Randy Smallwood cobalt news
More Randy Smallwood cobalt news
From Reuters:
Exclusive: Tesla in talks to use CATL's cobalt-free batteries in China-made cars - sourcesBeijing (Reuters) - Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant (continues here)
In June 2018, Randy's Wheaton Stuff'N'Things (WPM) paid U$390m for its part of the Voisey's Bay cobalt stream. By the last set of financials (3q19 Sept 30th) that had already been written down by U$165.912m, the asset now on WPM's books at U$227.51m.
Looks like Randy will have to impair again in the YE numbers. But it's not your fault, Randy. Blame Elon, Randy.
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