Yes correct, go clarify it with the company and come back to me.
If the price of Nickel goes up then BSX have to pay more to purchase 3rd party feed. However, the downstream sells the NCM811 hopefully at a far greater premium even to the rising Nickel LME price which will make it even more attractive to the partners to invest in now.
Mr Vinfast will have a very good idea what precursor will be in say 4-5 years time so current Capex which looks bloody massive could be relatively cheap if the outlook as per Mr Vinfast's and or other major players projections are much more bullish.
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