Sleeping Beauty ASX BSX, page-1107

I am working off the assumption that it will be POX JV with EcoPro which I am perfectly fine with. We know it works, the JV keeps our partner happy which is fair. They have supported us to date and have the ability (IMO) to help with both finance for the downstream plant + offtakes ala Li models a few years back before that cycle rolled over.

I am leaning towards scenario 1 for mining of doing straight up Ban Chang to generate cashflow with less upfront capex. Earlier in the week I was assuming the 80:20 split but those Ban Chang assays have come back strong. The other benefit of this is we can be mining the MSV by around late 2022 based on company timelines and defer the DSS into the mid 20's when I suspect Ni prices will be much higher.

All this is obviously speculation and my personal guess work