RE: Leach results are impressive.CalifDreaming. Reason New Caledonia, etc get only 20-25% LME Ni is high cost of transportation & handling on ~30% moisture Saprolite ore to Japan, etc. Falcondo is next door. GMI should get LME less ~$2/lb Ni in FeNi less some price sharing above ~$4/lb Ni and less a Crude Oil surcharge above ~$50/bbl. Xstrata may take some GMI shares in lieu of some charges, we'll see.
As such, GMI will expedite HP Acid Leach project to make Ni & Co metal.