Lets assume that what SKI desire out of this is surety of supply. They already have the binding offtake agreement so all good (from their perspective) so long as the mine proceeds. Thus their reason for exercising the options would be to ensure that the mine goes ahead. If they choose not to exercise it must mean that either they are confident of sourcing from elsewhere or they are confident of the mine proceeding without their $80M. In a way, its kinda positive if they don't exercise (I guess they would need to pa a premium to lock in Nickel supply from elsewhere now) but guarantee the market wont see it that way.
Lets assume that what SKI desire out of this is surety of...
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1.3¢ |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1625159 | 11 |
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