I would suggest that the Ni price will keep moving up, which...

I would suggest that the Ni price will keep moving up, which looks very likely given that the two biggest suppliers of Ni are looking doubtful. Indonesia has already restricted exports and Russia looks set to be put into a position where it will need to respond to increasing economic sanctions from the west.
Samsung have already run the ruler over Wingellina. That is where most of the finance to develop the deposit will come from. If we get an announcement confirming or advancing their interest in the project, the sp will fly given the sentiment around Ni at moment. The fundies have already started to move into the producers. The developers will be next IF momentum is maintained.
As the analyst from Euroz has stated: MLX's portfolio is "latent with potential". Let's see if some of that potential can be realised. To me between the tin, gold and nickel; MLX appears to be well positioned.