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Ann: Assays Confirm Ni-Cu-Co Mineralisation, page-30

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Businessben

243 Posts.

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25/11/22

12:10

Post #: 64986602
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Originally posted by Discocopper: ↑

Another problem for RAG and their "visual"estimates is that they are listed on the ASX - i.e. in Australia... where we have the rich nickel fields in WA. For instance another company just today released two intersections: 3.75m @ 4.34% Ni 0.28% Cu 0.1% Co from 435mdh. 4.45m @ 5.70% Ni 0.33%Cu 0.12% Co from 415mdh.

So for RAG to release "priority" assays of 2.86m @ 1.14% Ni, 0.38% Cu & 0.08% Co from 442.00-444.86m just doesn't rate if you are thinking about WA nickel. But we aren't - we are in Sweden and its totally different. So they should be talking about how this compares to the Swedish situation and how significant these results are in that context. And forget about visual estimates.

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Thats exactly right. We should be comparing apples with apples. These results are looking pretty good so far for sweden. Just dont line them up against australias nickel resources

RAG Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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