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Dave1807....here is a post from late last year which regulars AUZ SH will recognise. Just recognise from the info available on line that the price of cobalt has gone up , Check the latest figures for annual Sconi throughput. Sconi should be at full production in Year 3 (perhaps, many variables). You couldn't really work out a true share price for the future until the BFS around June is completed and all of the details OPEX and CAPEX are laid bare for all to see. There has been lots of speculation on this but it is just that speculation on SP at this stage. SKI are on board which is a tick.If you believe in the EV revolution slowly taking place and a growing future demand for scandium then simply keep doing your own research to make your own informed decision and your investment risk level.

In terms of the pricing for a cobalt or nickel sulphate . . . a cobalt sulphate contains about 20% cobalt metal. Nickel sulphate similarly contains about 20% nickel metal.

Therefore, in rough terms, 1 tonne of cobalt sulphate sells for about 20% of the price of a tonne of cobalt metal. Same goes for nickel sulphate.

So in an Australian Mines presentation, were we state that we are seeking to produce 100,000 tonnes per year of nickel sulphate, this equates to about 20,000 tonnes of nickel metal.

And where we state an annual cobalt sulphate production of 12,000 tonnes, this is the same as 2,500 tonnes of cobalt metal.

Therefore, our pricing numbers are based on the LME price for cobalt and nickel metals, multiplied by 20% of the expected cobalt sulphate and nickel sulphate outputs.

https://www.lme.com/metals/minor-metals/cobalt/#tabIndex=0

https://www.lme.com/en-GB/Metals/Non-ferrous/Nickel#tabIndex=0

Today cobalt metal is seeling for USD61,000 per tonne.

We anticipate producing 12,000 tonnes of cobalt sulphate (being 2,500 tonnes of cobalt metal) per year.

So our from cobalt sulphate production at today's prices would be (USD61,000 x 2,500) = US$150 million per annum

And nickel sulphate production at today's prices would be (USD12,000 x 20,000) = US$240 million per annum

Hence, at today's metal prices, the revenue from the Sconi project would be about US$400 million per year (or AU$500 million per year)