@OppositeDays@sirgoldingerIf the LME nickel price continues to firm and the nickel LME warehouse levels continue to decline, a response from the battery manufacturers and EV manufacturers is around the corner.
The level of demand building for nickel sulfate is building at extraordinary levels, with almost 70 battery GIGA factories being built, supply to LME is obviously not matched to demand. The deficits will grow.
Ultimately supply deficit must filter through to price. (Price response coming soon, if not already started)
Supply and Demand always wins.
ARL presents a very attractive proposition.
Security of long term supply. 50 years plus +++.
Low comparative CAPEX costs due to amenable ore-ology.
One nickel sulfate mining and chemical facility required.
One GIGA resource, largest in the developed world and in a safe secure mining country.
Cobalt is a by product.
Scandium is a by product.
Technical know how resident within the management team and country.
Professional management team.
Ready to go project waiting for funding.
100% available, uncomplicated structure for the right win win deal.
Friendly mining country, management and shareholders.
Win win
RED
Pertinent market/industry news/articles, page-1819
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