Still hold ~8m & 25m options, MLX still retains exposure to the project. IPO was at 20c, selling half stake at 50c is wise imo. In this cost environment incentive pricing for nickel etc going to have to be higher than current spot to get it off the ground, capex for these laterite projects going to be extremely hard to fund.
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Still hold ~8m & 25m options, MLX still retains exposure to the...
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