AUZ 6.25% 0.8¢ australian mines limited

This is good too: We based our modelling pricing on US$12/lb for...

  1. 2,445 Posts.
    lightbulb Created with Sketch. 2022
    This is good too:
    We based our modelling pricing on US$12/lb for cobalt and $5/lb for nickel. Cobalt is currently $30/lb so we’re being very conservative
    and
    With scandium, we’re working with Europeans on that as more of an R&D approach to develop a market for the product.  ... Scandium doesn’t play any part in our economic modelling, ... if it works, great – it could bring in another $50-60 million a year.
    @ even just x6 EBIT there goes another $300m++ in valuation. Nice one.
 
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