REC 2.86% 3.4¢ recharge metals limited

Ann: Broad Shallow Zones of Nickel and Copper at Brandy Hill Sth, page-11

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  1. 6,865 Posts.
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    A much deeper sleeper than we thought I reckon. At $25,000 per ton nickel can be sneezed at at the 4% grades they have announced, every hundred tonnes of burden will be worth $100,000 in nickel less costs. It is a turnaround and a mild surprise..
    They have a new lab with 4 to 6 week turnaround ties against old lab duh!) of 12 to 16 week turnaround. Nice one REC! We could be talking a $Billion or two gross yet IMHO and as the discovery increases. Time is the thing...I am in for the medium to long haul. Payoff could be very big within 3 to 5 years.
 
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