If you honestly think they are going to dig up 3500 x 800 x 180 = 504,000,000 cubic metres of ore averaging 1.25% nickel you have rocks in your head & perhaps should go & offer your services to CD as the new geological guru of the 21st century.
This is the warning that precedes most capital raisings. It can be equally applied when looking at past mining operations - in this case CB
"Investors should note that past performance, including past share price (INSERT "mining") performance cannot be relied upon as an indicator of (and provides no guidance as to) future performance including future share price (INSERT "mining") performance"
There is one word for you - "delusional"
We would all love to have a major find but your theories just don't measure up. If your theories did measure up (as I asked before) why don't you tell us all why every hole they have drilled to date has not found your mythical +180m wide band of massive nickel sulphides because, after all, they are drilling in your favourite 280 hectares? The more holes they drill without finding anything means the average Ni concentration if & when they do hit it will need to be up around 30-50%!!!! to average back down to your 1.25% (& that's using the methodology you used when looking at "scoops" from Carr Boyd (3.8% / 2 scoops = 1.9%)
I'd love to place you on ignore but I just cant wait to read your next justification as to why they are sitting on 504m tonnes of ore averaging 1.25% Ni
It. Just. Isn't. True.
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