G88 0.00% 0.9¢ golden mile resources ltd

Ann: Nickel Discovery Extends Over 3 Kilometres, page-297

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    @img999a - in reply to your question above I believe that even if they continue to find good grades of laterite it will be a huge struggle for them to ever convince a bank to lend them hundreds of millions of dollars to build a laterite processing plant after all the technical and financial problems encountered by the other laterite producers in Australia which were much larger companies and funded during the mining boom a decade ago when the price of nickel was much higher.

    @Born2run -
    The real question: is there a sulphide deposit which has sufficient grade and size to be economically viable. Just finding sulphides isn't going to be enough.
    Last edited by Maverick7: 14/12/17
 
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