What are they going to do first?If the Frac Plant costs aspresented include the removal of overburden above the Frac Sanddeposit, then they should put the Frac Plant in first and as plan the Nickel part of the project.
This would allow for time to increasereserves and resources while investigating the HydroNI Process whichwill allow to bypass smelter and transportation charges concentrates.
On the other hand...
If the cost of excavation of theoverburden on the Frac Sand part of the project is shared with theNickel part, they should consider a plan where only a part of theoverburden on Frac Sand deposit is removed while they simultaneousmine the Frac Sand and remove enough overburden to allow for the nextyear of Frac Sand production – and so on. This would also allow fortime to increase reserves and resources while investigating theHydroNI Process.