Some people are making noises that excavation will produce ex amount of Nickel. But unless this is the worlds most significant nickel mine , how much soil / clay has to be dug to produce 1 tonne of nickel . So the ship or barge or canoe carries ex amount of soil , then it’s processed some where ???
Ok so what is the estimate of say 1000 cubic metres of soil/ clay to the amount of nickel that will be available at the end of processing ?
Once again I’m not being difficult , it’s just the way this flow is going, it’s once we have money we can mine .
Hmmm no not till infrastructures are completed . We will make ex amount of US per tonne , but what is the cost to mine, transport , process, transport to port of sale , and cover wages, taxes and interest obligations??????? And what is the amount of nickel to as above 1000 tonnes
Then there’s the we have cobalt wow, and nickel etc etc maybe diamonds . All fantastic news . But lets Get to stage 1 , finance , hmmmmm , ok let’s get to Infrastructure, hmmmmmm bit a work on that . Ok ok let’s get to where are we digging , such as exact spot like a big X. Them what is the mining cost to the soil cost, to the shipping cost , processing cost !!!! I’m now getting a massive headache
Hopefully the up rampers can help as I’m just confused , and without selling more shares and reducing value to every share holder , where is the mo ex coming from . And yes get finance , but it’s like a credit card , u have to pay back the full amount plus lots of compound interest
AVQ Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
