Noixz hi....your two questions. Think gs covered the first. Second regarding time lines I would think the only thing certain is that it is very uncertain....have to see how it pans out.....we are told by KPMG no known interested buyers/backers yet (except the possible Tati one), and liquidations always death by a thousand cuts type affairs, though in this case lets trust the cuts are more by way of pruning so BML ends up with new green shoots, one way or another.
Interesting article today's Creamer Mining Weekly but sourced from Reuters on smelters in Indonesia being shut due low Ni price. Apparently 25 smelters in Indon. of which 13 are shutting. Of course, as we all know, as the price tries to rise greed and the need for a financial return will outweigh common sense and the shut ones will reopen and down will go the price again....catch 22? http://www.miningweekly.com/article...e-operations-due-to-falling-prices-2017-06-19
Have a nice day.
BML Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held
