Is my assumption accurate????
IMHO.
BB said..
BFS due end June.
Cobalt production cost$12/lb LME $39/lb
Nickel profit margin good.
Therefore BFS should stack up pretty good.
MEDEA is acting on our behalf
That is preparing BFS ,negotiations for funding
Sconi through SKI (less than 8 %interest)
Plan B UK BANKS N INSTOS if rates are better.
Will SKI change their decision 19,9% uptake?
IMO NO......any good reason....nil/plenty.
October /Nov. 2018 will show SKI willingness
to front up $65,000,000 AUD.
If SKI fulfills the OT agreement.
Then we reasons to celebrate.???????
That is my understanding!!!!
Any other full details I will leave it to
AUZ N the team.
Feel free to add any reasonable comments .
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