Will be interesting. I suppose it depends on suitors view point on the region. FQM could have a view but I cannot imaigine they have the cash to realy get into it. Then there's the big Daddies in the room. Vale, Glencore and BHP.
BHP are running out of feed for their nickel refinery KNR and KNS and have aging assets on their hands.
Vale has major assets in nickel in Goro and the Inco assets in canada. I read somewhere they also have land in the fraser range somewhere.
Glencore also have major nickel assets in the form of old Falconbrige assets, Minara as well as others.
I hope for another discovery quick smart in the region as I think this will put the whole lot into play. Big players want big assets. With another say 30000 tpa NiS then surely BHP's assets come into play.
I would think Vale and Glencore would be running the ruler over the situation.
SIR Price at posting:
$3.94 Sentiment: Hold Disclosure: Held