Ann: Drilling extends nickel-cobalt resource potential at Sconi P, page-369

This was from an interview late last year with resource stocks, I dont beleive they will be using unrealistic figures. I also think I read somewhere that its the banks and financial institutions that choose the modelling pricing, however Im not 100% on that.

BB: "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 because we’re taking a 20-year view on that. But if you look at the next three to five years, you can see the cobalt price is going to continue to strengthen as demand for the product continues and there’s not a lot of new supply coming on. We can make good money on $12/lb and it’s never been below that, so our project will stand up regardless of what the price does in the short term."