Negotiators also need to take into account that with the price of Nickel on the way up, the asset price appreciates FAST.
At today's price of US$14,600.00 per tonne The Santa Rita mine, with its 1.000.000 tonnes in the ground, is worth:
US$ 14,600,000,000.00
14 billion, 600 million US dollars.
Even MINING 25000 tonnes per year we are talking:
365 million dollars per year.
Not counting Copper!
A lot of money!
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