SPP, page-20

Hi BSH
Dude what is the perception of risk when 28Kt of Ni are are proven reserves not inclusive of Cobalt credits, with a new drilling program in place to increase reserves.
Market appetite for risk - Read the EV threads that everyone is putting out and Nickel West ann about expansion at Kwinana Refinery for 100Kt Ni sulphate expansion that will require MCR to assist with this expansion of output. Don't know if you know how Kal smelter works but high Fe Mgo is required for a good tap at smelting process which Kambalda ore is required to blend with LNO and MKO to achieve.
Ni pricing - Look at Ni price charts and warehouse stocks which show a upgrade in price
Is Ni sulphide a advantage- Read LME for notice they are pricing a new contract for Ni sulphate as demand for battery grade Ni should be priced at a premium.
Kambalda Ni is already graded as battery grade product
As to mum and dad investors , instos have already shown their interest in MCR with their allocation of sophistcated investor allocations.