Where is the price of Ni going, page-36

The only useful thing on read on POS forum is an industry article re. Nickel. Analysts believe 18,000 per tonne (USD) is required to ramp up supply. This may relate to laterite mines which is fine and would put PON at AUD 24,000 per tonne (approx). Not only our two mines under care & maintenance be in production but NPV doubles for Durkin North when PON goes from 20,000 to 24,000. Durkin has a lot of potential at depth at higher grades though they need to mine first and then drill deeper as they go - which is the plan.