Hematite,
It was quick and dirty calc pre 80% JV interest.
Ni $19,300AUD/t x 17,000 = $328Mil
Co $40,700AUD/t x 1,520 = $62Mil
So after the 80% it is $320Mil. This is before mining and processing costs. A conservative mining/processing cost 40% brings it to $128Mil.
That is worth at least a few cents to the SP.
funny is it not , page-16
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