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
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $107.4M |
Open | High | Low | Value | Volume |
39.5¢ | 39.5¢ | 37.0¢ | $97.47K | 260.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 102000 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 7000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 102000 | 0.370 |
2 | 27720 | 0.365 |
2 | 28229 | 0.360 |
5 | 74084 | 0.355 |
4 | 9041 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 7000 | 1 |
0.395 | 22879 | 2 |
0.400 | 40658 | 4 |
0.405 | 4800 | 1 |
0.410 | 10000 | 1 |
Last trade - 15.27pm 18/07/2025 (20 minute delay) ? |
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