the nickel is only there to be able to float the PGEs
being able to recover and on sell the Ni is basically the cherry on top
this is a table from a report on PGEs prepared by Keith Goode, a PGE expert: https://www.eagleres.com.au/index.php
as you can see the Ni % from various operating mines in Africa are lower than Chalice's avg Ni %.
plus Chalice have the benefit of having high grade Ni starting from surface. it is only the large quantity of disseminated material that brings down the overall Ni grade.
the aussie market yet to understand the economics of PGE deposits, and will be educated when the scoping study is released.
Ann: Presentation - Australian Nickel Conference, page-5
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