it is, $26k I’ve big hopes for their DBU & long term dividends...

it is, $26k

I’ve big hopes for their DBU & long term dividends but still like safety net & UBU is that safety zone for me. Even if the worst case happens, that current Ni-eq resource is still worth a lot (& that’s despite the 20% export levy) even if that’s all that eventuates (of course there’s CV & another 20 odd sites to drill) at the moment so lets see what npv comes through on the PFS.

while there’ll be many drops in spot along the way (& I understand they’l have off takes & hedging prices potentially), given the ferocity of bhp fmg & others vying for nickel deposits out there (& bsx itself looking at laterite options), be surprised if come 2024-25 it isn’t well past $30k.

lets see how this story unravels in 9 months time post DFS, off take agreements & funding