NICO or MLX or APAC for that matter isn't interested in building a brand new Nickel mine from scratch in the brownfields let alone worry about the processing complexity which you mention.
They will hold Widge. ride to out to the next Ni boom ,pour funding into more DDH rigs once the timing is right and let the specuation fire the SP .This together with a few good DDH hits ( wont be hard to excite the market in a bull run ) and an updated JORC code will start the bidding process in the background. Then it will eventually be sold off with a royalty clause making the initial seed investors i.e MLX i.e APAC very happy.
MLX Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
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