BSX 8.33% 4.4¢ blackstone minerals limited

Ann: Blackstone Completes PFS at Ta Khoa Nickel Project, page-30

  1. 272 Posts.
    lightbulb Created with Sketch. 78
    What nickel price do you make this assessment and what do you see the marginal cost producer opperating at in 2026?

    The all-in cost NCM811 here is US$13,192/t and TKR refined all in concentrate cost is US$2,766/t

    I can't see how this equates to UBU making no money, unless you assume a very low nickel price and it is very likely nickel demand will out strip supply by 2026 and pricing will be closer to US$27-30,000/t

    keen to hear your logic and thoughts as i might be overly keen on the story here...
 
watchlist Created with Sketch. Add BSX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.