Anyone hazarding a guess as to the current mineral inventory at Nova?
I've done some very rough, 'back of the envelope' calc's based on the drilling announced so far and the potential target (can't use the term "resource").
If anyone could be bothered to do the same I'd be interested to hear what you get.
Now I make many assumptions on the true outlines and please don't take this as anything other than 'running some numbers':
potential target of 40,000 - 50,000t nickel and 25,000 - 35,000t copper so far. At today's price that's between $0.9B and $1.2B in the ground.
No other economic factors taken into account, and please DYOR
This is a wonderful new discovery that this market really needed in my opinion.
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