My very rough maths as follows:
Ni 21,300,000t @ 0.84% = 178,920t. Assume average recovery 90% (between lat/sap/trans) = 160,461t. 160,461,000 x $18/kg = $2.888b
Co 21,300,000t @ 0.05% = 10,650t. Assume average recovery 90% (between lat/sap/trans) = 9,585t. 9,585,000 x $9/kg = $86.2m
Please someone correct me if the above is horrendously wrong!
Hopefully an opportunity to offload recognise value on this asset soon, either by sp+ or divestment.
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My very rough maths as follows:Ni 21,300,000t @ 0.84% =...
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