Ann: Clean TeQ Sunrise Definitive Feasibility Study completed, page-80

Few points from my perspectives,

1) use very high cobalt price and nichel price to push Internal return rate is very dangerous;
2) if use 10% discount rate, we may get much lower NPV, longer payback period and lower IRR;
3) CLQ's capex is very high, and which is so tough to finance;
4) Operation cost also very high even you claimed that sulphide's mining cost high, but overall still quite competitve compare to laterite.

you can refer to attach table, they are just for your reference only, because some still at SS level, some at PFS level, some at DFS level, as my understanding, it is not a issue just accuracy level, SS accuracy level should be ±35， PFS ±25， DFS ±15；

GLTA!!!