Wood Mackenzie projection reports cost 5k++.. so not strange at all.. it's intellectual property.. the base case is the current nickel price.. if you think we will return to 2014 prices then you have that NPV to look at well.. of course early days this numbers are early days as well - Significant opportunity to upgrade resource in both grade and tonnage through further drilling.
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- Ann: Pre-Feasibility Study for the Isabel Nickel Project-AVQ.AX
Ann: Pre-Feasibility Study for the Isabel Nickel Project-AVQ.AX, page-22
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