Hi there HH,
An all up ni equivalent of 2.0Mt @ .041 is 82,000 tonnes of contained metal.
The Ni price in Aussie dollars is around AU$18200
Work out the capex and opex and then you have a valuation over the LOM. ( a description of mine program/s would be needed)
If these high grades continue to be exposed across the prospect, then there is a potential in situ valuation north of one or two billion dollars.
As Helmenesh says, the market is not awake to the potential of MA and the Cathedrals Belt.
Let the bell ringers start ringing and let the Campanologists start to study the bells and for whom they toll....lol
Cheers
Mulac1
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Hi there HH, An all up ni equivalent of 2.0Mt @ .041 is 82,000...
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