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31/08/17
09:15
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Originally posted by rusty02
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Just a final note.
http://www.**promotion blocked**net.com/charts/metals/base/spot-nickel-6m-Large.gif
Nickel booming ATM.
At this rate the small SJ deposit will start to show better returns.
Futures showing $11,610/t. As Ive said in a past post if the Spot price heads back to $12,000/t, DSO 1,5%Ni should return off-take deals of around $50/tn direct. This will bring SJ economics back into play.
My worry is if the SIG do provide a ML for SJ these BOD don't squander the profits on themselves and don't show some leadership and ROI for investors.
cheers
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Hi Rusty
Some info from the company on this would be useful if this is the case
Where is the JORC or the MRE that was promised when the drilling was completed at the the end of FEB?
Its not like they have a lot to do