Hi Ebner- I believe you’ll find those numbers were superseded by the later expansion study:
https://ardearesources.com.au/downloads/announcements/arl_2018072401.pdf
In that we can see that when we go back to the 100yr average metals pricing of $7 for nickel and $27 for cobalt that we would still be making 18%.
I am only ever looking at those long term average prices as that is what a funding partner etc will be looking at too- short term pricing considerations are not much use when considering a decades long partnership or finance arrangement.
Price spikes/falls only really affect the SP at the time, not how the enterprise is viewed by the banks or large partners.
C1 nickel cost ( cost of extraction ), was $4.63.
Sulfate pricing? An ecosia/DuckDuckGo search should help there. ( I don’t google anymore. They’re too happy to warp search results ).
LME? Best ask them but they were also talking about a change in the way they price cobalt- last thing I remember they were saying sometime this year.
Try SMM?
ARL chart, page-1284
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