This is good too:
We based our modelling pricing on US$12/lb for cobalt and $5/lb for nickel. Cobalt is currently $30/lb so we’re being very conservative
and
With scandium, we’re working with Europeans on that as more of an R&D approach to develop a market for the product. ... Scandium doesn’t play any part in our economic modelling, ... if it works, great – it could bring in another $50-60 million a year.
@ even just x6 EBIT there goes another $300m++ in valuation. Nice one.
Q&A Benjamin Bell, page-9
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