The total contained nickel content of the non-JORC resource is 1.66 million tonnes, current price of nickel is ~ $4,000 p/t...
Grades are expected to increase with drilling (below historical non-JORC resource depths ~6m) into untested parts of higher grade saprolitic ore.
Lets say the operation breaks-even at a nickel price of $4.50 lb (nickel price $12 lb now)
Am i right with these figures or am i way off the mark ?
