nickel is much more in demand than it was 10 years ago. nickel floor price would be much higher than it was previously imo.
pie, have you done any research into what would happen to Indo producers if the price dropped as significantly as you imagine? if they start reducing output at some point then we will be in a deficit once again.
big problem with lower prices would be unable to sell the stuff, but since we already have binding offtakes we wouldn't be subject to that.
but will the project still be viable at lower prices? i think so, and not only economically but also it's the next step in engineering for nickel laterite processing that needs to happen.
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