RE: RNS12 Nov 2021 07:50
Wasa, I think it's best to have a strong cash position until everything signed.
At least we have a production date below.
The assumptions for the valuation of the Buy Back Option are the future nickel price ($16,191/t Ni), the start date of commercial production (2024), the prevailing royalty rate (2.65%), the inflation rate (1.5%) and volatility of nickel prices (22.6%).