i'm with you @fmx_rider, great potential but a few questions to be answered - with more drilling.
for anyone looking to understand the geology better the best description I have found is in the ann from 14th march 2017. one comment that concerns me is the reference to 'These later proterozic intrusions remelted some of the ultramafic-hosted nickel-copper sulphides and remobilised them," eck. not a great sign for the continuity of the orebody.
Having said that, and taking fmx's point about MAD71 being a freak hole, if the orebody is in the 1.5 - 2m wide range and the grade is in the 1.5% Ni++ to 5% Ni++ then it won't need massive tonnes to make a viable mine.
Would 100k tonnes of contained Ni get this thing off the ground? how many tonnes of Ni did Western Areas kick-off with? or IGO with their first Ni mine - blair?
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