You don't increase your project throughput by 400% from a 2mtpa operation to 8mtpa because you are desperate to find a partner. Thanks for sharing a theory but I believe it is flawed.
Whoever has / had convinced the board at BSX to increase their project size fourfold on a per annum basis and no doubt also quadrupling the capex ($850m USD) required in the process doesn't need bonds to be issued today as funding is not required today but progressively over a 12-18 month construction / mine development period which most likely is 2024-25.
If the data and propaganda around increased demand for battery grade green nickel and the EV revolution plays out across the globe BSX should not be desperate to find anyone it should be the other way around. Just need the right management team to execute now, and manage the share price as we are a publicly listed business and management are answerable to shareholders it really is that simple.
BSX Day to Day SP discussion, page-3204
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