Market is saying we reckon you will not get funding for the Nickel. ( forget the copper that is dream land stuff)
Which is ironic since we have no idea what the capex is... even by toll treating it. Because management wont tell us. Nor do we know the IRR or NPV on the Ni project. No matter says the market - either way it wont get up. But management likes o tell us its near term project. Yep excuse me whilst I take that to the lenders.
Jack of all trades, page-26
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