Yet if the indo Grade 2 nickel is being refined to grade 1
(regardless of the environmental catastrophe) the NP will continue to move sideways or even lower as I am finding to my chargrin in the actual miner PAN. Until it gets back up above $10usd/lb I don't foresee the switch getting flipped at good old POS this decade!
Lots of investment in Indo from players who can't source enough grade 1 elsewhere doesn't bode well for that currently at any rate.
T
Ann: Updated Resource provides more Nickel at Black Swan, page-99
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