Encouraging Estimated Revenue From Offtake With SK

It is really a super good news for all AUZ holders, cheer all!

I read many estimation post here, and personaly I think it is good to establish this title to discuss fully with all of you.

AUZ produce battery grade nickel sulphate and battery grade cobalt sulphate, ALL ARE BATTERY GRADE.
Refer to below links from China for the latest price of cobalt sulphat and nickel sulphate, you may contact the sellers from TaoBao directly

1.  Huayou's price for battery grade cobalt sulphate : RMB ￥134,000 / Ton;
( http://www.huayou.com/products_detail/productid=86.html )

2. Battery grade nickel sulphate price : RMB ￥32,000 / Ton;
( https://b2b.hc360.com/supplyself/80404209397.html )

3.  RMB to AUD exchange rate today is 0.1993;

4. According to the offtake contract, the binding deal covers 12,000 ton of cobalt sulphate and 60,000 of nickel    sulphate;

5. Total Revenue = ( 12,000 x 134,000 x 0.1993 + 32,000 x 60,000 ) / 1,000,000 = 703 mil AUD$

This is really a good deal for us, consider all the OPEX, mining cost and other expenses, lets adopt Price/Earning Ratio range from 5 to 10, AUZ coming share price shall be 0.715AUD$ to 1.43AUD$ which is higher than my previous estimation.

Apart from this, SK has option to buy 19.9% stake for 65$mil, hope all can be realised!!

Lets pray for good news from Scandium, Flemington PFS, Thackaringa Result, Sconi BFS... all of which would be additiaonal BONUS for you!!

Please DYOR before your decision, all the above menioned just base on my personal thinking, welcome your correction！！