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Nickel At 5-Year High. PCRCF Is Our Top Nickel Stock

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OTC:PCRCF   BOLT METALS CORP.
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Pacific Rim Cobalt Corp. (PCRCF)

Current Price: $0.1283

Investor Presentation

Company Website | Recent News
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Shares of PCRCF have rallied as much +13.56% off yesterday's lows, and could continue to move much higher from here.
Here's why..

Growing Demand for Nickel Drives Could Send Nickel Stocks Soaring
Let us tell you why we believe that Pacific Rim Cobalt Corp. (PCRCF) is your best bet on capitalizing on the Nickel Boom!

Current Catalysts Driving The Nickel Boom

Nickel skyrockets to 5-year high on Jakarta’s move to build up local resources and smelter capacity.
China’s August nickel ore imports from Indonesia surge 26.5% year-on-year.
Cobalt rallies 30% as Glencore announced plans to shutter it’s massive Mutanda cobalt mine in the DRC.
In the next five to ten years, the electric vehicle (EV) revolution will likely dominate the nickel space and will be sending prices much higher, this according to Alex Laugharne, principal consultant of CRU Group.
As the world’s leading source of nickel, and proximal to the largest “Gigafactory” in the world (China), Indonesia is seeing serious investments from multinational tech and mining corporations.
Why Is PCRCF Your Best Bet In The Nickel Space

Pacific Rim Cobalt Is already Well Positioned To Take Advantage of Surging Demand for Nickel and Cobalt Throughout Asia.

With shares trading in Canada (CSE: BOLT) and the U.S. (OTCQB: PCRCF) Pacific Rim Cobalt controls 100% of a large, well mineralized nickel and cobalt property in Indonesia, the #1 nickel producing country on the planet.

Location, Location, Location

Pacific Rim Cobalt Corp’s flagship nickel and cobalt asset is uniquely positioned within Indonesia with the eventual goal of being part of the cathode material supply chain for the burgeoning battery manufacturing sector.

Two days ago, Reuters reported that China's August nickel ore imports from Indonesia surged 26.5% ahead of ban

China’s nickel ore imports from Indonesia rose 26.5% year-on-year in August, customs data showed on Wednesday, as stainless steel producers stocked up on raw materials ahead of a ban on exports from the Southeast Asian country.

There are more than 500 mining projects and operating properties making the country the most important mining country in the region.
There are three large international mining companies with long term operating experience in Indonesia: Vale, Newmont & Freeport McMoRan.
Many Canadian mining engineering and supply companies are entrenched in Indonesia.
Cobalt 27 Capital Corporation (TSX-V: KBLT) (OTC: CBLLF) has recently invested in the $2.1B (US) Ramu nickel mine in Papua New Guinea that, like Indonesia, offers good access to customers in Chinese industry.
Bullish Catalysts For PCRCF

Batteries powering our modern society increasingly need nickel and cobalt to function safely.
Clean energy legislation, especially in Asia and India, are driving strong demand for batteries, thus driving demand for these metals.
Pacific Rim Cobalt Corp. continues to release impressive assay and test pit results confirming strong nickel and cobalt mineralization from its Cyclops Project, strategically located in a well endowed nickel region of Indonesia, and in proximity to the world’s largest battery market, China.
As the global leader in nickel production, the need for nickel for batteries is driving massive investment in mines in Indonesia, offering shareholders in Pacific Rim Cobalt Corp a unique opportunity in the global rush to secure critical metal supply.
Momentum Is On Their Side

Shares of Pacific Rim Cobalt have rallied 58% since Sept 1st.

The Bullish Trend appears intact, and we see plenty more upside from here.

PCRCF's Continued Drilling Success Is Grabbing The Attention of Wall St.

Pacific Rim Cobalt has investors buzzing as the company continues to demonstrate successful results from the phase II drilling campaign on it’s 100% controlled Cyclops nickel-cobalt project in Indonesia.

Highlights from recent press releases:

Sept 10th “Results continue to confirm the continuity of high-grade nickel mineralization over an area of 600 metres x 300 metres”.
Sept 17th “The company announced impressive Mineral Process Recovery test results, averaging 99.6% nickel and 98.4% cobalt.”
Sept 24th “Shallow intersections with highly anomalous cobalt and nickel encountered in a continuous zone overlying the previously reported nickel saprolite mineralization.”
The latest results are part of an integrated program being implemented by the Company to develop a critical path for processing nickel and cobalt laterites found across their 5,000 hectare property.

With these results Pacific Rim Cobalt is one step closer toward their goal of becoming a key player in the global battery material supply chain.

The latest string of results from the Company’s aggressive drilling and development program indicate widespread mineralization of high grade nickel and cobalt located near the surface.

Drilling and testing has been focused on only one area of the large property, where a total of 9 known nickel and cobalt prospects currently exist.

This is significant during a time where nickel is experiencing a sustained bull market run, given increased demand from the burgeoning battery material’s sector.

The ongoing drilling and development program aims to build on strong assay results already announced from Phase I drilling, and is part of a multi-faceted exploration program aimed at confirming historical results and producing a maiden 43-101 compliant resource estimate in late 2019.

About The Company

Pacific Rim Cobalt Corp. is focused on the development of nickel-cobalt projects ideally located close to China, the world’s first & largest “Gigafactory.” Nickel and cobalt are critical components of lithium-ion batteries and are currently in a global supply deficit.

Their key asset, the Cyclops nickel-cobalt project, has over 850 historical drill holes, numerous test-pits, as well as production and environmental permits in place. With a historic estimate of 37MM tonnes of 1.31% nickel and 0.11% cobalt, Cyclops contains significant nickel and cobalt mineralization as well as excellent infrastructure for year-round development activities.

Company Highlights

100 percent ownership of the Cyclops Nickel-Cobalt Project in strategic location along northern coast of Indonesia
Strategically located near China, the world’s largest cobalt buyer
Cobalt in supply deficit that is expected to increase over the next years. Cobalt spot price expected to be one of the best performing commodities. Auditable supply chains are becoming necessary for corporations as they seek ethical cobalt supply
Pacific Rim Cobalt is priced at a significant discount to its pre-production and late-stage exploration peer group and there remains potential for upside valuation adjustment.
A rapid path to development. Use of proceeds will focus on exploration and development planning.
Infrastructure in place, including airport, roads, and ocean port. Will aggressively pursue off-take agreements and strategic partners looking to secure cobalt.
Management team with experience in Indonesia for the last 20+ years. Numerous successful exits from public and private companies
Preliminary Offtake Agreement signed with China’s top battery materials supplier, Beijing Easpring
Significant, shallow, historical estimate of 37Mt @ 0.11% Co and 1.31% Ni at 0.8% Ni cut-off grade.
Significant potential for expansion as mineralization is open at depth and on-strike (See addendum for historical drill results).
Pacific Rim Cobalt is priced at a significant discount to its pre-production and late-stage exploration peer group and there remains potential for upside valuation adjustment.
A rapid path to development. Use of proceeds will focus on exploration and development planning.
Infrastructure in place, including airport, roads, and ocean port. Will aggressively pursue off-take agreements and strategic partners looking to secure cobalt.
Management team with experience in Indonesia for the last 20+ years. Numerous successful exits from public and private companies
Production/mining permits issued along with environmental (AMDAL) permit issued
Significant, shallow mineralization at project site with a historical* estimate of 37Mt @ 0.11% Co and 1.31%Ni at 0.8% Ni cut-off grade
Significant potential for expansion as mineralization is open at depth and on-strike
Estimate based on over 856 shallow drill holes and 26 test pits
Historical* high-grade drill intercepts of 8m @ 0.18% Co; 13m @ 0.15% Co; and 10m @ 0.19% Co
Cyclops Project Area covers 5,000 hectares with 9 prospects including 5 drill-tested and known cobalt-nickel prospects
If you thought Pacific Rim Cobalt was a one trick pony, you couldn't be more wrong.

PCRCF Is Ready For The Next Cobalt Boom

Experts Predict The Next Cobalt Boom Will Be In 2020

George Heppel, head of cobalt and lithium analysis at CRU International, recently stated: “When we look at the EV market over the next 10 years, we see the big increase coming in 2020 to 2021. That will be the crunch time for global demand for cobalt as the big car companies, the BMWs, the VWs, Ford, and Daimler are set to increase production.” He estimates demand for cobalt for car batteries will grow by between 24% and 35% every year from 2020 to 2023. Even if Glencore brings Mutanda back on stream (the shutdown is for “care and maintenance”), and with the artisanal miners producing anything up to 40,000 tonnes a year, Mr Heppel believes it won’t be sufficient to meet demand. “There needs to be new supply of cobalt.”

Cobalt investors have had a wild ride the past 3 years, as prices soared in 2017 then crashed in 2018/2019. For those investors with a longer time frame, the long term demand/supply opportunity remains intact. That is, post 2022 we may start to see increasing cobalt deficits as the electric vehicle (EV) boom takes off. One reason 2022 is significant is that is when electric vehicles are forecast to cost the same as conventional cars. At this point, the demand for electric cars should explode. And speaking of ‘explode’, cobalt is an essential part of the lithium-ion battery that stops thermal runway and explosion.

Cobalt Demand Could Skyrocket

Almost all industry experts agree cobalt will be needed in future lithium-ion batteries and in increasing volumes. Industry expert Benchmark Minerals say cobalt demand will outstrip the decline from cobalt thrifting. Experts agree cobalt thrifting will reduce the amount of cobalt in a 100% battery electric vehicle (BEV) from around 20-33kgs (NMC 1:1:1 chemistry) to around 8-12kgs cobalt (NMC 6:2:2 chemistry) over the next 5-10 years. Tesla’s low cobalt NCA battery is alleged to have as little as 6kgs cobalt, but as we know Tesla’s have also had several issues with battery fires. Most large car OEMs will not want to risk large scale battery recalls and fire risk, and hence will go with NMC 6:2:2, and possibly in some cases NMC 8:1:1.NMC refers to nickel, manganese, and cobalt. The NMC 6:2:2 cathode is 2 parts cobalt or 20% cobalt. Again most experts see solid state batteries in electric cars as not likely in the next decade. All of this means cobalt is most likely here to stay for the next decade at least and possibly many decades beyond that, as the NMC battery is the battery of choice. The NMC lithium-ion battery is improving each year with lower costs per kilowatt hour (kWh), thereby lowering the costs of EVs each year.

Beat The Rush For The Next Cobalt Boom

Despite thrifting, cobalt demand is set to surge driven mostly by the EV boom. The forecast suggests by as early as 2022 or 2023 we will start to see cobalt deficits. Furthermore, the deficits are forecast to grow substantially each year.

The key take away here is that should the EV boom continue to grow rapidly, cobalt is likely to go into deficit again as soon as 2022/23.

Cobalt supply
The cobalt swing producers right now are the Democratic Republic of Congo (DRC) artisanal miners and Glencore (including their 86% owned Katanga Mining). Given the recent oversupply from the DRC (and the onerous new DRC cobalt royalties and profit tax) swing producers have reduced supply. In fact, just last week Glencore announced it plans to put its massive DRC Mutanda copper-cobalt mine on care and maintenance at the end of 2019, which will take out ~25,000 tonnes or ~20% of global supply from the market. This latest news is positive for cobalt prices which reacted by rising about 8% from their recent lows.

CRU’s view

CRU’s George Heppel, head of cobalt and lithium analysis at CRU International, recently stated: “When we look at the EV market over the next 10 years, we see the big increase coming in 2020 to 2021. That will be the crunch time for global demand for cobalt as the big car companies, the BMWs, the VWs, Ford, and Daimler are set to increase production.” He estimates demand for cobalt for car batteries will grow by between 24% and 35% every year from 2020 to 2023. Even if Glencore brings Mutanda back on stream (the shutdown is for “care and maintenance”), and with the artisanal miners producing anything up to 40,000 tonnes a year, Mr Heppel believes it won’t be sufficient to meet demand. “There needs to be new supply of cobalt.”

In conclusion, cobalt is now set for a mild come back in the years 2020-2022; but by 2022/23 we may see a new cobalt boom that will be longer and stronger than the 2017 cobalt boom. Naturally, this will be very positive for cobalt junior miners wanting to enter the market.

Investors are taking note of ongoing success coming out of the Company’s large, strategically situated nickel and cobalt prospect, located in proximity to the world’s largest critical metals and battery consumer, China.

Commenting on the news, CEO Ranjeet Sundher states “With the commencement of our phase two program guided by historical data, we are optimistic about the unique possibility of developing this project into an asset that will add shareholder value and position the company to play a future role in the battery metals supply chain.”

Savvy traders should add PCRCF to the top of their watchlists immediately.

*Past performance is not an indicator of future returns. The publishers of this report are not investment advisors and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. The publishers of this report have received compensation from a third party of USD $12,5,000 cash for a 1-week marketing contract for PC. Never make investment decisions based on anything the publisher of this report says. This message is meant for informational and educational purposes only and does not provide investment advice.
Comment:
*CORRECTION USD $12,500.00

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