Cassini only owned 30% of Nebo-Babel.
And if I'm not mistaken, were taken over at about a $1Bn asset valuation for their 30%.
Something else to consider, the Nebo_Babel analogy only really applies to Cronus.
The reefs on which they're currently reporting are a different geology - much quicker & easier than Cronus.
Similarly, whereas NB is predominantly Ni/Cu, TM1 seem to believe Cronus is more Cu/Au.
I know which combo I prefer.
My description above is to the best of my very limited understanding.
Cassini only owned 30% of Nebo-Babel.And if I'm not mistaken,...
-
- There are more pages in this discussion • 353 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
