AUZ 16.7% 1.4¢ australian mines limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-54

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  1. 1,376 Posts.
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    With the old BFS from 2018

    Needed

    46,800 tonnes of nickel sulphate per year at $7 a pound.

    7,000 tonnes of cobalt sulphate per year at $30 a pound.

    Nickel now is $8.77 a pound and cobalt is $12.45 a pound.

    That works out to $280 million needed in BFS

    at current prices even though cobalt well under BFS price needed it's still $282 million a year.


    So at current prices of nickel and cobalt Sconi is viable now .

    That's from old BFS 2018 so costs would have gone up.
    However Auz was looking at cheaper processing techniques and government needs projects up and running.

    At these current prices Sconi would be very close to been viable and big chance of a partner hopefully.

    only my uneducated opinion never advice.
    https://hotcopper.com.au/data/attachments/6180/6180234-e271fc5ef5c3bf70f7459f2ae6abcb56.jpg
    https://hotcopper.com.au/data/attachments/6180/6180237-bc4f641aff7666c0210964a2e869805b.jpg
    https://hotcopper.com.au/data/attachments/6180/6180240-b8862faf62ea489a5cd96df2b6fa037c.jpg
 
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