Just having a read back over the march 2020 DFS. Wanted to check...

Just having a read back over the march 2020 DFS. Wanted to check what Nickel price they were using for their numbers.

5 year operation
LOM AISC of US$3.13/lb
producing 14kt average per year over the 5 years.
Based on a nickel price of $7.14 usd they calculated a pre-tax cash flow of 407m AUD

7.14 - 3.13=~4
current price of 15.13 -(3.13+1) =11 (lets add a dollar to the cost for increased royalties/fuel costs/what ever)

2.75x the profits at a rough guess based on todays price vs the DFS price. I guess that's the silver lining from the multiple quarter delays in production.