I like rainbows, especially ones called 'Golden Ridge Project'
Did you know?
Blair Nickle mine operated a successful project until low nickel prices forced the mine's closure in 2008. Estimated resources remaining is 222 710 tonnes of Ni sulphide ore at 2.92% Ni.
https://www.mindat.org/loc-271773.html
Current Nickle price is rising and sits at 12,845.01 USD/t. Approximately more than US$2500/t higher than the 2008 low.
https://tradingeconomics.com/commodity/nickel
Basic numbers would have the current resource being valued at AU$116 017 771.625
222710t * 2.92% = 6503.132
6503.132 * US$12845.01 = US$83 532 795.57
US$ to AU$ at 72c = AU$116 017 771.625
And that is without the new drill results applied...
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