I've tried to find what the AISC / AIC is for these Indo HPAL but there isn't much info out there.
Though need to keep in mind when people talk about how low can nickel drop it doesn't really matter what these HPAL producers AIC is. What matters is the AIC of the high quartile producers they are the ones who will become unprofitable first and go into care and maintenance.
Thats how the equilibrium is found. I thought it would be closer to $18k. However, ATM it's looking like it could be around $20k
The other thing which isn't often spoken about is the MHP discount / nickel sulfate premium.
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I've tried to find what the AISC / AIC is for these Indo HPAL...
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