Yeah look most stuff (nearly all) posted on here is opinion.
In my opinion I don't like when companies use metals prices above current. Doesn't matter what commodity it is. I don't even like when gold companies use $1,300 as a DFS number. Much prefer $1,150 or $1,200 as any good gold project will still spit out decent numbers and that is closer to a floor price. Noting that while I say this I am bullish gold and think over a 10 year LOM that $1,300 could well be average sale price.
To each their own I guess. The main problem for me with AUZ using that metal price is that anything under than and the project doesn't make money. It's basically what they need to get the project up. Leaves no fat.
CLA - Cobalt related news, page-1944
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