I agree on everything you've said, but 0.6% nickel will be a tough case for economics in this case because the concentrate grades will not be high from that sort of material. but I am more than happy to be proved wrong if the Buxton Team can put together an efficient operation to mine and process those sorts of grades.
I will still be surprised, pleasantly but still surprised, if 2% sulphide volume gives anything near that 0.6% nickel grades in this case - based on what I have read, seen and directly experienced in similar deposits around the world. Again, I will be more than happy for Buxton if I am wrong.
In any case, it's an exciting exploration play and I sincerely hope they have the tiger by the tail and get some excellent sulphides with enough nickel to build a mine. GLTAH!
BUX Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held
