RE: falcondo is not only alternativeGMI is not hostage to Xstrata/Glencore. They can spend some $ to build a Ni Sulfate circuit adjacent to the new mill. Rather than get ~20% LME selling to Xstrata, they can garner 65% LME if they build their own plant.
The best scenario would be for GMI to sell ore to Xstrata for a year or two to pay for capex to build their own plant.