Below are screenshots of today's webinar with some of the...

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    Below are screenshots of today's webinar with some of the comments Steve made.

    https://hotcopper.com.au/data/attachments/4597/4597124-2a11d236a5ebebb2684126285ee987d9.jpg

    https://hotcopper.com.au/data/attachments/4597/4597163-e32d392846b1094cd1ff05a29252a09b.jpg
    https://hotcopper.com.au/data/attachments/4597/4597166-704bc59ad1cbd2ee2200a65fab3820d0.jpg

    Nickel is the main game but WIN is keen to quantify any by-products.

    https://hotcopper.com.au/data/attachments/4597/4597177-0dfd4b503c1e54d6aca77032816a9ae4.jpg

    8 of the 12 deposits have never been mined & are near surface.

    https://hotcopper.com.au/data/attachments/4597/4597188-2b69a55557df495197e5951bd568e8c5.jpg

    The Armstrong deposit resource will be targeted for production at the end of 2023, that's the plan.

    Steve said it's unique to have 12 resources all within close contact of one another.

    Still looking at downstream processing options.

    https://hotcopper.com.au/data/attachments/4597/4597231-e713593a5bd9bed0c83ef9ee6f106996.jpg

    https://hotcopper.com.au/data/attachments/4597/4597240-b1cbccf09e588d73f96e8d0ee2b1888b.jpg

    The green squares are the next targets for drilling.

    https://hotcopper.com.au/data/attachments/4597/4597249-4bc2d3dbf84f52ae8f5d259979905d03.jpg
    https://hotcopper.com.au/data/attachments/4597/4597256-5535d5c9a11f6d97a75a13459e439f1a.jpg
    Infill drilling at Armstrong will be used to understand the by-product endowment & was successfully completed this quarter. The full feasibility study is planned next after all the results are in.

    WIN hopes to remove the water in the Armstrong hole by the end of 2022.

    https://hotcopper.com.au/data/attachments/4597/4597261-ae2b60445b524ccc983eadb621ebac48.jpg

    https://hotcopper.com.au/data/attachments/4597/4597265-b2133dd7a9b05d34cd57823e8db6eaf9.jpg
    https://hotcopper.com.au/data/attachments/4597/4597266-4adf95c4262b36a8b20580eedc46913a.jpg

    Questions. (I missed a few, sorry Steve)

    1. Funding.

    There might be a capital requirement to get the mine off the ground, perhaps through equity funding.

    2. Demand for nickel.

    The company is getting lots of enquires from all parts of the nickel sector. Steve said it's fair to say it's early days but the outlook will be a deficit of nickel in the future. WIN plans to leverage off that.

    3. Backlog of assays.

    There's a significant backlog at the labs & WIN is waiting up to 90 days for assays. Steve mentioned it was a cause for concern. WIN is drilling faster than the assays can be received & they've had to stop some RC drilling in order not to get too far ahead. It's getting better though.

    The host mentioned there will be a recorded version of this webinar, I'll post it here if/when it's available. That's if no one else finds it first.smile.png






 
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