That's a nickel price problem with the Indonesians in cahoots with China to drive the Ni price down, about 50% down over the last 12 months.
Galena has made its first debt repayment to Taurus on time, had a shipment in December and another shipment due out the end of this week. I reckon they are redoing cashflow forecasts based on hitting and potentially exceeding production nameplate. All of these are good news.
Let's see what the announcement says either tomorrow or Thursday.
Cheers....D
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