It's good to see HC'ers do some analyse. Unfortunately the...

It's good to see HC'ers do some analyse. Unfortunately the bioheap is an unproven process and there's simply no way of achieving cash costs that low in your figures. JBM mines high grade nickel sulfide and their total cash costs exceed 2 US$/lb. SHN are trying to use the same bioheap process and look where the share price is now.

Big difference mining high grade vs low grade ore imho. FXR is still not making money at the end of the day.