Everyone conveniently keeps omitting the fact that Nickel-west...

Everyone conveniently keeps omitting the fact that Nickel-west operations themselves have stated numerous times (and is public knowledge) that Mount keith IS uneconomic without Leinster operations propping up the grade.

everyone also has their head in the clouds with the resource potential. Even if it is .4% you better damn pray their drill spacing is 20x20 because if that resources reconciles to .3% you’ve just lost TWENTY FIVE PERCENT of your metal. Goodluck funding 20x20 grade control as a junior on an ultramafic intrusion of these dimensions.

these are genuine points and Tcb will have a cry saying I’m down ramping.

if you doubt my statements re mt keith economics literally just search a senior geo for nickel west/bhp or geo superintendent on linked in and ask them yourselves.

and if you acknowledge the above, what’s your end game? What are you holding on for? A take over? Where a predator will wait for the junior to absolutely kill selves with dilution before moving? Or a JV where likely all your upside will be removed by the squeezing of a giant.

essentially, with current known variables Mulga tank has 2 realistic scenarios.

1) somehow fund res dev, grade control and exploration, drill the orebody out before any infrastructure development so the blockmodel is bulletproof and there will be minimal reconciled variation (think Capricorn metals or Sirius/nova to an extent low grade gold & HG nickel vs Gascoyne res) one was drilled out and bullet proof, succeeded. One was minimal drilling into production and went tits up). Most companies begin mining before anything is a reserve, WMG will require majority of the nickel as a reserve be it probable or probable.

2) find a high grade domain or substantial lens of massive to semi massive or matrix sulphide to blend the low grade ore with.

2 is simple enough however finding massive pentlandite is not an easy task.