Open laterally and at depth will enable mine life to extend well over the current 20 year estimate.
Sooo much nickel in fact, who knows, MBN might be able to ramp up production that much they could start a price war by providing a discount to manufacturers.
Only kidding.
You're right though, it will have an intrinsic value because of the sheer size, grade and profitability of Santa Rita. IMO there will be a dividend down the track.
Not saying MBN will be the same but remember what Posiedon shares did and they only just did a bit of drilling!
Here endeth the lesson...lol.
MBN Price at posting:
$1.37 Sentiment: Hold Disclosure: Held
