My conversations with the Company revealed that 125mt of nickel laterite can be very desirable predominately by Chinese who have a newly developed 'Hi Tech' furnace method specifically for nickel laterites for cheap pig iron.
The Company fields at least 1 call per week from interested and increasingly impatient Chinese steelers. They further tell me there are experienced and knowledgeable, drillers miners/geo's in the registry who are holding tight for much more than 20c.
Drilling starts very soon and expected extensions of the laterites are being investigated.
And that's just one project.
RMI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
