WMG 4.08% 23.5¢ western mines group ltd

Ann: Exploration Activities Recommence at Mulga Tank, page-84

  1. 1,000 Posts.
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    Thanks for sharing EB ,

    So Mr. Nickel gets a giggle when discussing the antiquated BHP basket case and how it fails to make money at these metal prices as his Timmins project (Bulk Tonnage/Low grade) would be literally printing money in the current macro environment .

    The rhetoric coming out of BHP and the main stream media that the closures are due to a slump in the Nickel price is laughable as Nickel West couldn't even break even at higher metal prices , and never are there reports of a success story the likes of Nova (Also in WA) and how a modern mine running lean can break even with a Nickel price of $9000/Tonne. and has made money for every year of it's operating life that is soon to come to an end .

    When the smart modern mine is built over a deposit with enough Green Nickel / Copper Sulphide to feed a dedicated on site concentrator for at least 50 years it is my intention to take a position in whichever major company owns our Monster .

    My short list of potential buyers is
    IGO , WYLOO JV (My preference)
    BHP , TESLA JV

    I don't know anything,







 
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