@Frangk. Only NIC's own claims and graphs. I believe it is hard...

@Frangk. Only NIC's own claims and graphs. I believe it is hard to dispute that Indonesian NPI and Nickel in general is lower cost than many other non-Indonesian competitors. Many have been making outright losses recently. Regarding Indonesian competitors, I only have NIC's own figures from prevouse presentations which you can take as you will.

Regarding the mining profits which I meant to comment on but forgot. From what I understand the Nickel glut is coming from an excess processing capacity not and excess ore capacity. There has also been talk of reduced ore production as Indonesia cracks down on illegal producers.

So in that context mining operations are likely to increase profitability. IMO.

Note all comments in this post are simply from memory. My previous amateur analysis I shifted through previous reports and cross checked the numbers.