A thought regarding the PGE's in SGQ's deposit and how it might...

A thought regarding the PGE's in SGQ's deposit and how it might affect the economics of this project.

The ongoing success and growth of Nickel projects and ventures going forward hinges in part, on demand for this commodity increasing due to its use in EV's. Particularly NiS producers (as opposed to Nickel Pig Iron).

Its somewhat ironic then that the primary use for PGE's as I understand it, is in catalytic converters - a key instrument in reducing emissions from fossil fuelled vehicles.

Not withstanding availability and other market forces that may act upon the price of Nickel and PGE's, one could surmise that as EV's gain a larger market share and the price of Nickel increases, the number of fossil fuelled vehicles, and subsequently, catalytic converters being produced will decrease, reducing demand for PGE's and also their value.

In a way, PGE's may act as a hedge. The longer we have to wait for the nickel price to increase, the longer PGE's should retain value.

IMHO