Just watched BSX Noosa Mining presentation..
I think SW let slip that the upstream nickel ore will be sold to downstream business unit at 70% discount to make the downstream unit financially more profitable.. I have no doubt this is part of the negotiation with incoming partners in the DBU. He said the DBU would have very strong margins.. True, just make sure BSX gets to retain decent % in the DBU.
I got a feeling we are getting there soon...
Obviously, investors into the DBU need to make sure that the DBU is financially viable for them to sink part of the $800m into in.
Its all part of business negotiation.. See how have the bigger balls/$$ and poker face.
We need to rope more competitors into the game like Elon Musk etc..
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Just watched BSX Noosa Mining presentation..I think SW let slip...
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