When they get the Kolosori deposits - opening s/p, page-20

Yes I been hearing this from other posters, so are they just going to give you the 33M AUD for start-up capital.......there is more nickel glut dump by Russia then the market has thought, hence the slow LME decline.

But key point is will they be making enough after capital expenditure even at nickel price of 5.5U/lb or even 6US/lb, currently it's only at 4.8US/lb (note, the 1.5% laterite nickel ore cost is currently around 40-43US/t so for it to get to 85US/t this equate to nickel price around 9.6US/lb!!!!! ain't going to happen for a long time....)