Intell I think BSX have been close to signing off on a partnership agreement a number of times. However the potential rule changes or something else has spooked the potential partner.
I don't think SW was lying about partners being close. However with so many rules potentially changing and with the nickel price going down so much. I think they pulled back to see where some of the cards are going to land.
At the end of the day. I see people using more and more battery powered tools, bikes, scooters and cars. I don't see an investment in a refinery going bad.
I think potential partners are just being cautious and doing their due diligence before signing on the bottom line.
At the end of the day. It's big money for any partner to stump up. Maybe they (partners) are trying to also negotiate up the percentage that they have in the refinery. Especially if they are coming up with a lot of the cash.
With the amount of nickel around at the moment. BSX not having so much cash on hand, it gives a potential partner more leverage to get a better deal. Surely!
AW
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