this is great analysis. even if you are only 50% correct and it is a A$5-7bn npv. current MC @ 2-4% of a conservative estimate just further highlights the value in today's price. The long term supply will still be short of demand based on current EV trend and supply. laterite will be needed so NC1 may progress, another upside for the potential MC, but looks like it will provide a cap to the upside on Ni. Do you have a view on the marginal supply cost of large scale laterite?
BSX Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
