Yes that was the announcement from Middle of last Year. It is suppose to be
finalized by Dec 2017. So until now, Nothing has been Finalized. The Longer
the better, they can get more Bids unless a Deal has been struck. Liquidators should
still be advertising the Mine for sale and looking for highest Bidder. By December,
LME Stockpile will be just 200K with Cancelled Warrants at 100K ,
That will leave LME Stock available for Purchase for just around 100KT.
EV Manufacturers are Hoarding LME Nickel , this is for sure.
For EV Industries, Just Buy Mirabella and you get 36,000,000 lbs/ year of
Sulphide 100% pure Nickel for your battery Needs. 10 to 12 years supply.
That is 36,000,000lbs/yr * 12 Years times average Price of Sulphide Nickel say $9.00/lb.
If Production Cost at 5.00.
36 M lbs/yr * 12 yrs * (9-5) = $1.73 Billion. If they but it now for 500 Million, They earn
more than a billion$.
