hi adam, good to see you aren't negative - and apologies for assuming you were - there are boatloads of it on this forum.
Nepean is a very different animal for us assuming the SD deal is finalised.
Why? - Because of what Chuck has thought for years - that there is a massive continuous system under the existing mine.
What SD input has done is to allow for budget to prove or disprove this - AND if it is proved SD have a market and we will get paid for everything mined - not just the nickel as would be the deal with the 'other' customer.
FML would have taken years to get around to putting in a series of holes about 1km deep and around $750k ish a pop.
This is one of the reasons why the SD deal is great - if Chuck is correct - and he ain't alone in his thinking - I know Dean is like minded and several other geo's as well - if it comes up trumps ---------- it is more than likely that it is worth about $1b all by itself.
And the timing looks perfect - one can never be certain with market timing - it is always a punt - but it does look good.
I can't weasel a timeframe out of anyone for when we might drill it - the closest I get is about the middle of the year - well, that will be ok - we should get more of an indication where nickel is going by then - and if all goes to plan, people should be starting to get excited about nickel.
Can we imagine what the market will think of a major nickel discovery - high grade??????????
hmmmm, sp will probably tank :)
have a great arvo all - this is probably our last day on earth if the nutters are right -- I see the weather prediction for tomorrow is 4000 degrees and steam storms - if they are wrong there will be a hell of a xmas shopping rush on saturday :)
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Last
97.0¢ |
Change
0.175(22.0%) |
Mkt cap ! $277.9M |
Open | High | Low | Value | Volume |
78.0¢ | $1.06 | 78.0¢ | $1.248M | 1.373M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 93.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 4999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 0.925 |
1 | 1000 | 0.920 |
1 | 10000 | 0.905 |
3 | 7446 | 0.850 |
2 | 21847 | 0.820 |
Price($) | Vol. | No. |
---|---|---|
0.975 | 2397 | 1 |
0.985 | 20 | 1 |
1.000 | 56517 | 3 |
1.010 | 1000 | 1 |
1.030 | 20000 | 1 |
Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
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