Fox already completed a bankable feasibility study for targeting underground lower grade nickle targets nickel/copper/cobalt in 2007 The study was technically and commercially feasible.
The pricing used was.
Nickel AUD $29000 ton
Copper AUD $9300 ton
Cobalt AUD $28000 ton
Prior The nickel price fox quoted during 2005 was a nickel price of $14775.
Ann: High Grade Nickel/Copper/Cobalt Project Licence Granted, page-119
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