Have you looked at SJ's drilling results? That's what my call is based on, if buyers can get the nickel cheaper than the market, who cares? And if the financier gets a win-win deal, who cares?
The PFS for Kolosori $11.49US/WMT FOB and their deposit is less deep, let's say SJ is $12US/WMT FOB. How much do you get for 1% laterite nickel ore per WMT?
Ann: Trading Halt, page-24
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