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Metallica counting cost after Sconi stuff-up

METALLICA Minerals is counting the opportunity cost of a two-year-old mistake, with the value of future payments owned from Australian Mines for development of the Sconi nickel-cobalt-scandium project development in Queensland slashed.

Haydn Black
Metallica counting cost after Sconi stuff-up

If commercial production is established at Sconi, AUZ will now only need to pay A$2.5 million, down from the original $5 million.   It was a significant contingent payment owed to Metallica, being...

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