As of today they are going back to offtakers to firm up pricing on the smelter conc.
So have they almost decided on the 1.1mtpa going ahead or are they then having further delays waiting for the 2.2mtpa numbers???
Approx high 70% payable with the new conc, so POS was unlikely going to be viable with the previous poor metallurgical grade conc.
I must admit to expecting a better payable rate.
NICKEL NEWS, page-757
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