@Mrmena112 Do you realise how ridiculous those numbers you...

@Mrmena112

Do you realise how ridiculous those numbers you posted are?? To get 12,000 tonnes of Cobalt the 'feed' would need to be around 6% Cobalt!!
The company has contracts for 1% and we have no idea what the recovery will be!!.
Assuming 70% recovery it is easy to work out......

250,000t/a X .01 (1% cobalt) X .7 recovery = 1,750t for the plant, only half of which will belong to WFE so 875t. Then you need to look at payability for the Cobalt Hydroxide, again probably around 65-70% of LME or Metal Bulletin price.

There is no way the company nor plant revenue will be any where near $472m you mention, and that is from the company's own numbers.

IMHO they have a long way to go just to get to the starting line, and there is no guarantee it will even be allowed as a prospectus for readmission by the ASX. They should have a timeline for readmission as the first priority, yet nothing about that today.