CLA - FA Bagger Aspiring Cobalt developer. Huge landholding, B Borg, page-681

Given that the JORC could easily end up twice above initial expectations, we could model a JORC (later in 2018) of about 100MT. That would give a NPV of $720M ($360Mx2) using the calculation bin has used.
And then if you consider that BB suggested a price of Cobalt at $1,00,000 next year, that would suggest a NPV of $(720M/$60,000) x $1M which equated to a NPV of roughly $100 to 120M. Which would suggest an SP of roughly about $1.25 to $1.50
Which is what I think we are headed to at the minimum all things going as per plan. I don't think an expanded production is a problem, as there is huge demand to satisfy. (obviously economies of scale will have to be applied.)
Enjoy the weekend. Next week is the most crucial for all of us holders, as it will provide a robust guide as to where we are headed. GLTA