Cobalt., page-2

Co price around $33k per tonne now.
A month ago it was around $28.5k.
In pre-COVID times earlier this year the price was ranging between $32 - $34k per tonne.
AML used a life of mine Co price of $23.31/lb which equates to $51375 per tonne in the scoping study released in October last year, with Co revenue about 39% of total mine revenue.
Copper revenue was forecast to be 31% of total revenue and the current spot Cu price of $2.93/lb is not too far off the forecast of $3.09/lb. Pb & Zn spot prices are ~20% lower than the forecast used . Ni is not far off at $6.60 spot vs. $6.80 forecast while Ag is racing ahead at $27.80/oz c.f. $19/oz in the scoping study. FX is close now too with the recent strength in the AUD.
A long winded way of saying that with Co being the most important revenue driver we would all like to see it rise further. Maybe the ~$90k per tonne of a few years ago is wishful thinking.