Ann: Diggers & Dealers Presentation - August 2023, page-2

New to this stock so I'm going to ask a really dumb question. Their guidance on slide 8 shows cost $10.05-$11.25/lb. Judging by the notes this also includes by product credits. Slide 9 shows they won't get the costs sub $10 until FY26. Nickel price is sub $10 and has been for most of the last 5 yrs. Are they planning to just run at a loss for 2 years whilst they ramp up, or are they banking on the Nickle price going back up? Or both