Thanks for this i went thru the PFS again and saw that note re magnesia as well. By the way, cobalt is heading to $30/lb so fits nicely into your scenario number 2.
Regarding the Post tax NPV, would you mind showing how did you replicate the amount which is identical/similar to the PFS.
Here's something i knocked out which is similar to yours. Thanks for sharing by the way:
Medium Term Target: A$1+ billion market cap, page-1030
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