@squash
PFS numbers: in $US per pound: nickel 8.84 cobalt 41.63
todays numbers: nickel 7.02 cobalt: 12.84
I get with a sulphate premium, the nickel price matches the PFS price. Still seems to me like we'd need cobalt to triple, or nickel to go up another 2 or 3 dollars to get us "in the realm of PFS numbers". This doesn't account for what you call "adjust for currency. I assume you mean the lowering of the value of the aud to the USD in the time since the PFS, which has been about 3-4 cents I believe. Can you explain the math you use for this adjustment. My own interpretation renders this adjustment relatively minor, certainly not enough to negate a 70% drop in cobalt price, but I'd like to understand how you compute it.
Pertinent market/industry news/articles, page-1956
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