Glencore plc (GLEN.L)

A startup backed by a group of tycoons including Bill Gates plans to use data-crunching algorithms to search for cobalt near a Canadian nickel mine owned by Glencore Plc.
Kobold Metals has acquired rights to an area of about 1,000 square kilometers (386 square miles) -- roughly the size of New York City -- in northern Quebec, according to Chief Executive Officer Kurt House. It’s the first such foray by the company to become public.
San Francisco Bay Area-based Kobold Metals is hoping to use data analytics to build a “Google Maps for the earth’s crust.” The company is betting it can find metals crucial to the electric-vehicle revolution, such as cobalt, that so far have eluded more traditionally-minded geologists.
Read: Algorithms Join Cobalt Hunt Backed by Gates, Bezos and Dalio

The DOJ issue is unlikely to deliver clarity for some considerable time. The only facts we can consider is the levels of recent fines assuming wrong doing is established, and the extent to which current share price is already discounting a very negative scenario.
Glencore now trades at a discount of over 27% to its peak price levels, although delivering exceptional levels of dividends, and cash flow generation. Regular share buy backs is also increasing future EPS at these very low levels. On that basis it seems a medium term buying opportunity. Of course the majority prefers buying on strong upward price momentum and many are trapped having done just that. Patience will pay in due course, as traders will have taken the life boats by now.