The dynamics of cobalt and nickel pricing have changed dramaticly over the last 6 months. Both are now in deficit. The original BFS priced nickel at $7 a pound. It has now stabilised around$ 15US a pound. Similarly with cobalt, it is now triple the BFS price at $US 82000 per ton. The financing dynamics of this project have changed accordingly. Back in the SKI pays both Cobalt and Nickel were below the BFS prices. Im no financial advisor and this is not financial advice, but it appears to me that the financial imperatives of this project are now impossible to ignore!
The dynamics of cobalt and nickel pricing have changed...
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