Back of the coaster contract calculations…
LME Nickel USD19,650 x 71,000 tonnes = $1,395,150,000
LME Cobalt USD52,350 x 7,000 tonnes = $366,450,000
$1.76B
minus extraction, production, delivery and tax =???
Looks impressive for a company with a market cap of $86M in my opinion.
Ann: Binding offtake agreement signed with LG Energy Solution, page-34
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