I am sure jazz would be aware of the in depth analysis done for the SI government of the Inco/Kaiser reports back in 2006/07 to attract tenders for this resource. I am no expert but I had a copy of this report as it was given to all who were interested in tendering for the nickel, one who was part of the process gave me a copy. It was a detailed report although the drilling was shallower and did not completely show the extent of everything hence Axioms drilling.
But it did go into a lot of detail as to mine life, equipment,manpower etc. needed.It discussed the cost of different methods of getting the nickel out such as barging or a slurry pipe into the bay or building a wharf. It discussed the possibility of a basic refinement process to enhance the grades before shipping offshore etc.
It obviously would not meet the JORC requirements but was a very detailed analysis of the reports.
Coupling this report with their drilling, Axiom would be able to have a good understanding of the resource and enough info to attract financing with the next stage of the project I would think.
Though one cannot argue about the shareholder dilution that has taken place over the years I have been here and like a few others this has been a bit of a blood bath for me in the 40-50k range and I am holding a fraction of my original investment in 2007 and subsequent trading down. However still think more positively than a lot of exholders that this is finally coming together.
Cheers dig
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