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  1. 71 Posts.
    Bomber
    Hurts dont it !! Dont know how you get the courage to type it out !
    I reckon you should be getting back into AEX.Ive done some heavy research lately - making comparisons with other potential projects and its amazing the price some projects fetched.

    An example.

    Loma de Niquel in Venezuala.
    34 mill tonnes
    1.48 % Ni
    smelting (cant even HPAL )
    17500 tpa capacity

    AngloAmerican bought 85% of the undeveloped project in 1998 for US$65 mill ! and have since spent US$548 mill (World Bank helped out) on bringing it to production early this year.
    They(Anglo) they know they made a blue now - but there are plenty of other examples of massive dollars changing hands for projects that SEEM to have little in comparison to Wingellina.
    The key to getting a project developed is having low capital/operating costs with 250 mill tonnes.This reasoning shines through all the recent info available.Wingellina fits that criteria to the letter.

    http://216.239.37.100/search?q=cache:LHiN5FMwgO8C:media.integratir.com/v.gos/PressReleases/pr120401.pdf+geostar+tts+nickel+&hl=en&ie=UTF-8

    You said you were trying to talk to Ed - any success ?
 
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