Ann: BFS supports strong commercial case for developing Sconi, page-1134

Based on the below prices mentioned in the interview below, NPV would be approx negative US$625mil. Far from making any good money.

https://www.miningnews.net/resource...rcestocks-amp-australian-mines’-benjamin-bell

"BB: 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 because we’re taking a 20-year view on that. But if you look at the next three to five years, you can see the cobalt price is going to continue to strengthen as demand for the product continues and there’s not a lot of new supply coming on. We can make good money on $12/lb and it’s never been below that, so our project will stand up regardless of what the price does in the short term."

where is this modelling pricing by the way? Or was it just BB pulling out figures out of thin air?