Sleeping Beauty ASX BSX, page-1535

Sorry, I didn't ask about the finance for the plant, but that's because I'm not worried about it.
IMO that's where the JV with Ecopro will work it's magic.

Finding finance on good terms shouldn't be too hard when a 4bn$ company has a half stake in the project.

For the non-dilutive strategy, it would be ideal if we had enough MSV ore to be able to cover 2-3 year of massive sulphides only production (900-1350kt), and still have enough to blend with the disseminated ore once the 2-4mtpa concentrator is built.

Revenue rather than income.
After the conversation I did rough calcs :

23.5ktpa Ni eq = 106.8kt of Ni sulfate
Ni sulfate is trading at 3700$ US/t right now
It gives 395m$ US in revenue which is 541m$ AU at a 0.73 exchange rate.

With 50% of the JV, that's 270.5m$ revenue for us from the processing stage only.
The mining and concentrating is a separate thing which will generate its own revenue and profits.

I dont know much about the margins on these processing plants, so feel free to speculate on what income will look like with the JV.