SGQ must be confident in there being sufficient ore to build its own concentrator. It will start small but be expandable is how I would do it. If you google Nickel Plants there are small plant designs available from China. These plants are being used in Asia and are low cost. 200Kt to 400Kt options. I just don’t get why HC posts suggest we don’t have enough ore when the Company by its action is doing everything to suggest they do and are progressing with mining and processing studies.
The scoping study will define the size of plant and life of mine. My guess would be 400Ktpa for minimum of 8-10 years mine life. Some of the other posters can work out the NPV based on these assumptions
Go SGQ hit the target!!
SGQ Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
