First production of nickel will come from one of the ponds that contain over 200 tonnes of nickel concentrate worth +$4M. This stuff needs very little processing and cane be sold almost imnmediately to offtake partner.
Total restart costs are around $9M.
Lake Johnson will produce 14% hi grade nickel concentrate at A$6.70 per pound. Discussions are well advanced with off take partner(s??).
Annualised production aiming for 900,000 tpa. Good luck to all longs.
Ann: Lake Johnston Restart Feasibility Study, page-2
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