Ann: Battery Conference Presentation - March 2019, page-171

@Mutley8 ......." I doubt they would use anything but market bottom or conservative cobalt pricing scenarios."

The prospectus will have to have independently verified numbers for cobalt pricing, they can't just be the companies numbers. It is clearly in the guidelines for inclusion in prospectuses.

What a lot of companies also do is include a table of various price scenarios around current levels showing profitability (or losses at the low end), for example using $5, $10, $15, $20, $25 per pound, with the current price around the middle of the range.