hey prawn_man - good to hear you have been buying - you will be...

hey prawn_man - good to hear you have been buying - you will be lobster_man in a year or two thanks to HIG, I reckon
Re the MHP, Nameplate plant capacity is:
MHP 78,000 dry tonnes
containing
31,150 tonnes of Nickel, and
3,300 tonnes of Cobalt.
So at nameplate levels , the MHP contains 40%Ni and 4.2%Co
Now using, per my earlier post
- Current NI price: USD$4.50 per lb - about $10k per tonne for Ni
- Current Co price USD$25 per lb - let's use USD$15 per lb as an average i.e. $33k per tonne for Co
These values would yield (for the metal content of the MHP) for a 40%/4.2% MHP - $5,400 per tonne MHP (for Ni and Co content, prior to refining costs).
In my earlier post I noted that we need to factor in a discount to the metal price to allow for this (refining etc), and I do not know what is appropriate (ANY HELP WELCOME), so I am assuming 20% discount when selling Ni and Co in MHP.
20% discount would bring MHP back to $4,300 per tonne.
But the discount may be more..............