What hasn’t helped our cause is Ferrier Hodgson’s very bearish view of the nickel price throughout the critical negotiations for the sale of the mine. In 2017 FH issued a report stating that they believed the NP would remain @ $10000 per tonne and would only start moving up again in 2019 .( There were other analysts at the time who did not share their pessimistic view.)
The price, as we know now, is over $13000
FH have been proven resoundingly wrong and are selling the mine so cheaply on completely WRONG assumptions.
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What hasn’t helped our cause is Ferrier Hodgson’s very bearish...
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