Race to $1 still on. BSX got some shape about it today and CTM shot at the perimeter when trying to escape. All fun though, I don't mind which gets there first but think both have a great chance of well beyond that.
Tesla known for their bullish predictions but their estimated Ni usage is huge. Tier 1 Class 1 Nickel projects aren't that common.
There is talk of $25k/t which you probably agree with based on other discussion Mercsman. If we see that numbers will be massive
If BSX runs say a 6Mtpa plant at 0.5% and 80% recoveries that's 24kt of Ni metal per year with solid PGE credits. Probably be making US$15k/t.
Then we get half the uplift value to 811 precursor. Call that another $1-2k/t.
Thats US$400m p.a EBITDA.
I am way to conservative to bank on that but nice to dream
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