Cobalt sulfate at 4.6 RMB/100g -
https://price.metal.com/Other-Minor-MetalsSo 46,000 per tonne - PFS assumption is 121,000 RMB/t.
The way my brain works, thats a 62% drop on what was 33% of our revenue.
So total revenue has dropped by .62 x .33 = 20% (I've ignored currency here, but that has moved in our favour)
So lets say despite all the panic, there has been a 20% drop on revenue relative to PFS assumptions.
So thats about $100m drop in revenue USD, so we go from US $350m earnings to $250m earnings. Its still something like $350m EBITDA in Australian money. I mean FFS people, thats a $3b company at full steam
