Ok I'll help you out but only because I love doing these numbers....Scott's latest message is that the mine life will be 20+yrs so lets say 25yrs LOM and he has stated that initially the concentrator will be upgraded to 2mtpa. This infers the ore to be processed in total will be 50mt. The ave grade of Ni excluding credits from PGE will be approx 1% so roughly the amount of Ni to be extracted is expected to be 500k tonnes. Given this is likely to be conservative with 25+ MSV targets to drill plus substantial PGE credits at record prices it doesn't take Einstein to work out from here that this company has the potential to be rerated by a factor of at least 3x in the short term(before end 2020) and by a factor of 10x in the longer term as revenue starts to come on stream in 2022/23 when the Ni price is more than likely much higher than current levels. Please DYOR as this is just my take on the situation.....I hope some of the very astute contributors on this HC thread will either correct or confirm my assumptions.
BSX Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
