Also no indication yet that the market didn't like it. Mostly it takes a few days for the market to make up its mind.
If 5000 tonnes could be extracted at say 30,000/ tonne it's worth about 150 million. Is there a guess on the extraction costs /tonne. Still think the present lower price of nickel is putting the brakes on this one a bit at present.
The question is how viable are its resources in terms of costs at the present nickel price and is that price likely to rise, stabilise or fall further.
purchase of marriotts nickel project..., page-6
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