I think it will climb, at least in the short term... But basing a 25 year PFS on current prevailing market prices is very unusual and the furthest thing from conservative.
CLQ had the same IRR at an assumed cobalt price of $12/lb & nickel of $7.50/lb... And no I don't own CLQ.
Ann: Outstanding PFS for the Goongarrie Nickel Cobalt Project, page-12
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