RE: Updates11 May 2022 10:13
Good summary del. May want to add a post count for kira, who seems most panicked by talk of the RNS. Logic dictates if Sviblov is prepared to buy a nickel asset from AMC with all its infrastructure and capex problems in USD, he WANTS to buy EUAs brownfield re-start ready nickel projects adjacent infrastructure given possible opp to do so in RUB. So the question is price and structure. Those surely there or thereabouts now. But he's of course not alone, with Potanin also out buying - and if he's prepared to buy finance firms - he's prepared to buy mining projects on his doorstep. These guys are likely not the only bidders but most likely, the biggest fish that'll emerge on top.