A valuation on JRV's lateritic nickel project would follow similar to Anaconda Nickel's: ... 1)low grade ...don't know..1% possibly on avg...2)overburden... don't know depth of mineralisation...3)cost to mine...uncertain..however, $0.10 per share is an approx. 99% haircut of the in ground $31 bil estimate.
Can someone try to to do a better valuation?
$31 bil in ground...$0.10 expect
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