The Nickel Price when SIR discovered Nova Bollinger was $A14,811/tonne, the Nickel Price today is more that 2.3x that price in AUD terms.
Previously economic grades of NIckel are considered High Grade, previously High Grade nickel is now Bonanza Grade and previous uneconomic grades of nickel are economic.......this applies for Nickel Copper PGEs, Rare Earths all of which are over 200%-500% higher than when SIR discovered Nova Bollinger due to the EV and Grid Storage battery demand.
This is the beauty of exploring for these Critical Minerals on WA's magnificent Yigarn Craton.....GLTA!
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- Ann: Rare Earth System Emerging at Innouendy
Ann: Rare Earth System Emerging at Innouendy, page-85
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