NICKEL 0.00% $12,675 nickel futures

Nickel stocks to supply EV market

  1. 2,391 Posts.
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    Hey all, not financial advice just some info I have found on a Nickel explorer that is shaping up to meet the EV market requirements.

    Aston minerals ASO.asx is a nickel explorer company with a new Nickel sulphide deposit recently discovered in Canada.

    New sulphide deposits are incredibly rare and the minerology of this deposit is prooving to be exactly what the EV market requires for battery production.

    The deposit is low grade bulk tonnage nickel sulphide which is highly recoverable due to very low levels of silicates and alloys.

    The depoisit is located 60km from Timmins (Workforce) with multi generations of Nickel mining experience.

    150km down the road is Sudbury smelter which is the next stage of downstream processing so location wise it could'nt get any better.

    Tenement is serviced by Hydro power offering ESG and cheap power of future opex.

    The deposit is comparible to BHP's West musgrave deposit.

    Currently ASO.asx market cap is 109M at 9.8 cents per share.

    MRE JORC for the Nickel is expeted any day now.

    MRE for the gold deposit was just released with discussion to spin off gold for focus on Nickel asset and avoid dilution.

    Management are well experienced with MD being a 30+ years geologist

    Board includes Tolga kumova, where ever Tolga goes, money follows. He recently bought in 2.4 million dollars of his own money at around 14cents.
 
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