"Our idea is that Noront is very unlikely to be able to finance a 12-year nickel deposit at a capital cost of $600 million to $700 million,” said Smeenk. “It is virtually unfinancable for that amount of money for that period of time. There’s nobody who will give you 15-year money backed by nickel. That’s our thesis. Maybe $200 million, $300 million or $400 million, but $700 million is a stretch, and we find their proposal exotic what with underground caverns and mills, and putting the tailings underground"
I will bet that they will surprise everyone with a big financing or may be it will be sold by that time !!!!
BigD