for nova, i believe the deposit will be economic, how economic i dont really know. To me it looks like the size of spotted quoll. So about 100,000 tonnes of nickel, about a 15 yr project life. The good thing about nova is the copper credits it will get, this will help get the project over the line, and provide a profit boast for the project. Nova the same as spotted quoll in its going to be a deep underground mine.
The share price has a bit of "fat" in it, because at the moment the size of the deposit isnt exactly known. I recon its only really open to the west and north now, from what i can gather. I could be wrong there.
If one wants to compare sir to any other stock, wsa is a perfect comparsion
SIR Price at posting:
$2.00 Sentiment: ST Sell Disclosure: Not Held
