You probably already know this but just clearing up any misunderstandings.
You're correct concentrate price is not Ni price directly.
Concentration price is made up of the combination of the following Nickel - Copper - Cobalt spot prices.
Current spot prices (at time of posting)
Nickel - $US 34,036/t
Copper - $US 10,226/t
Cobalt - $US 82,000/t
Average annual production for years 1 to 12 of 8,810t Ni, 4,579t Cu and 659t Co in concentrate.
You probably already know this but just clearing up any...
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