Ann: Pre-Feasibility Study for the Isabel Nickel Project-AVQ.AX, page-195

Axiomkb will be a DSO until Inco build a Nickel processing plant ...in any event i bought my shares in AVQ based on the knowledge that our operation will be very profitable just as a DSO anything else will be a bonus
if we are not taken over by then .....so really what does it matter if its DSO or processing ...im sure those who wish to build a NP plant would know the costs and the margins to make a good profit from those margins....as FOR THE GOVERNMENT NOT BUILDING THESE INFRASTRUCTURE WELL SOME DO
in fact the Philippines Government intends to partner MARCVENTURE'S HOLDINGS INC to build one
also VALE will pay for 85% of the one Zenith will build on Palawan the balance being paid for by the Phil/Gov ....so they obviously think their is plenty of merit in Building their own refineries to prolong the life of their Nickel reserves....Rather then sell all the product to China and then pay 3 fold back for the finished product....