at what price will you exit?, page-56

Hi Jazz.
The Isabel deposit, as tested by Keiser, measured under the AIMM minerals reporting rules was that this particular deposit is a Tropical laterite which is most favoured over all laterite types due to its metallurgic characteristic.
Tropical laterites offer a variety of development options ranging from DSO, HPAL, ALP and HLO (leaching techniques). These techniques have improved immensely in resent time and the favoured Nickel types have become extremely commercial.

It was from the basis of these AIMM reporting rule and the fact that exploration only covered surface, resulting conclusions determined the deposit was deemed, that Isabel, to be a large commercial world class quantity deposit.
Known deposit world wide can be deep as per Ravensthorpe but their deposit is 0.6% where Isabella is over 1% which means its worth quite a lot more and hopefully mined with a better CAPEX that here in Ozz.

To value Isabella at a $60 billion deposit one would need to conduct further tasks as per my previous post to determine depth, width quality and type. Also one must not get caught up in the deposit's $ estimate, there's the cost of mining and logistic but still we all must agree there's a "shyte" loads of $$$$$ to be made regardless whether its SMM or AVQ at Isabella.
GL all, Happy Australia Day!!!!
cheers
M