@Houdin1 Ask that question to Kalgoorlie or a number of towns that are near mines in Australia and in the world. Mines do get established near towns.
The other question is whether this will potentially be (assuming economics stacks up) an underground operation or open cut operation, noting also this region has been mined in the past (I suspect).
The size of the town isn't large here, so I suspect they would appreciate employment opportunities.
Time will tell.
Posting, since they are saying the spodumene crystal sizes are large and bigger than the Pilbara - mining and processing spodumene is also a lot easier by the way than the JADAR deposit in Serbia some are comparing here despite differnt country, given JADAR was not a spodumene deposit and mining JADAR and processing the ore was therefore quite complex. I posted on JADAR in this thread if people want to understand that deposit rather than throw some random thoughts out there- Post #:54851706
Very early days here and drilling will decide the size of the resource and whether it is economic to mine. And too early to speculate here on anything apart from the fact that spodumene is there. Time will tell what eventuates here. Risk/reward - people need to invest wisely and free carry when they can.
All IMO
- Forums
- ASX - By Stock
- SMX
- [INTERVIEW] NickelX (ASX:NKL) snaps up advanced lithium and nickel projects in Central Europe
[INTERVIEW] NickelX (ASX:NKL) snaps up advanced lithium and nickel projects in Central Europe, page-6
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.770M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $25.55K | 1.022M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17880 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 31938 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17880 | 0.025 |
1 | 1000000 | 0.024 |
5 | 128550 | 0.022 |
1 | 134999 | 0.021 |
4 | 1174995 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 31938 | 1 |
0.028 | 200000 | 1 |
0.030 | 100333 | 2 |
0.032 | 155616 | 1 |
0.033 | 165197 | 4 |
Last trade - 10.38am 18/10/2024 (20 minute delay) ? |
Featured News
SMX (ASX) Chart |