Since BHP's involvement, results from the Collurabbie Project have been disappointing at best for a Major. I would think that BHP may be considering withdrawing from this project.
Does anyone know if FCN (30%) has a first right of refusal or clawback rights over BHP's interest (70%) if they decide to divest their interest?
If yes, I would suggest the FCN share price would move considerably upwards as results to date suggest a resource in excess of 25,000t contained nickel tonnes and taking into consideration Jubilee's shareholding.
DYOR
bhps interest
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