What is likely at play is that the company has no near to mid term revenue possibilities from either lithium or nickel. Faraday and Trainline have zero chance of being mined for DSO because the grade is half of what it needs to be and lithium carbonate prices are down 80 percent since January and 60 percent from July. Whatever happened to toll treating nickel through BHP's Kambalda concentrator? That was the original strategy and was abandoned without satisfactory explanation in my opinion.
Widgie Nickel LTD, page-965
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