mining forecast young, page-6

Ronraine, how do you put a value of $250m on tenements?
The first step for all this is a pilot plant, lets say $30m which includes all testwork needed to be done.
Aim to produce 3-5,000 tpa of Ni + assoc Co.
Process must be proven for upscale to plant within short time frame i.e. 2-3 years.
Plant 50,000 tpa Ni and assoc Co.
Iron will be extracted but contain impurities, so maybe of no value. Don't factor in at this stage.
Assumptions:
$600m plant
Raise $300m, borrow $300m
JRV shareholders equity $150m (tenements) = 25% of "New Co"
Alternative:
JV partner to raise $600m and JRV to take less equity (<25%).

I like your ideas Ronraine, this is just an alternative.
Plenty of $$$$$ for JRV shareholders in both scenarios.
Any of these proposals would have +ve impact on JRV SP.
Deepdiver +ve