Nickel doesn't get from mineface through concentration, transport, smelting and transport again in days.
Current inflows into LME probably reflects the mining situation about Sept/Aug prior to the mine closures [someone in the industry might like to correct me]. Takes time to turn a ship around.
$1/lb might save the Munali mine, but I am still doubtful it will save ALB. Might be enough imho to get away with a highly dilutive capital raising, but imho one way or another with such meagre cashflow likely much more of the debt must go.
EL Discl: (distant) past holder
ALB Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held
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