If they were on the low cost this would have been financed or bought out a long time ago. They are high cost and they appeal is ESG which for chinese customer is not enough.
Low cost are the Indonesian producers like NIC and Indonesia is flooding the market with cheap nickel.
There is a NIC presentation showing some companies like bsx chn etc Shareprice is clearly pointing to a disaster and when the MD goes promoting the company everywhere while sp falls that is a very bad sign
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