AUZ 0.00% 1.0¢ australian mines limited

Ann: Update on Sconi Project Offtake Discussions, page-313

  1. 518 Posts.
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    Thank you ClockworkSmurf for your no doubt talented an expert research but I find it hard to believe that with your expert knowledge you have stated the following,

    "If a person really has done some research about nickel in Australia it's strange they'd come to a company with a history of dilutive capital raising who's premier tenement is in a State with Zero Nickel Mining."

    Maybe one should possibly do the required research to be able to substantiate those claims as Queensland Nickel operated the Yabulu Refinery with a history of mining in the Greenvale area for some 40 odd years whereby it mined Nickel Laterites.

    The final ore from Greenvale and its junior cousin Brolga was processed totalling some 31.5 million tonnes of ore that produced 327,000 tonnes of Nickel and 14,600 tonnes of Cobalt.

    Yabulu was then purchased by Billiton in 1997, now of course being BHP and in 2004 BHP approved a US $350 Million expansion of Yabulu to link it with the new US $1.05 Billion dollar Ravensthorpe Larerite project in WA and in 2009 BHP closed Ravensthorpe blaming the price of Nickel collapse at the time they then sold Yabulu to Clive Palmer under confidential terms before selling off Ravensthorpe to Canadian First Quantam Minerals.

    So when researching it pays to post facts and from what I see in yours is not actual facts and I can only hope in future you actually do the required research before posting misleading information.
 
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