Some conservative numbers for the bean counters:
nickel: 5,300,000 tonnes x $15,790/tonne = $83.687 billion USD• Cobalt: 257,000 tonnes x $24,300/tonne = $6.2451 billion
Copper: 161,000 tonnes x $9,651.50/tonne = $1.5549 billion
• Platinum:550,000 ounces x $988.50/ounce = $543.675 million
. Palladium: 550,000 ounces x $962.71/ounce = $529.4905 million
We have circa $140 billion dollars AUD in the ground "without satellite deposits"
If we drop the open pit 100m deeper this will add tremendous $$$ " BILLIONS"
Highly valuable asset folks
Well done Caedmon, very smooth work and alot of activity going on in the back ground..
My gut tells me the following:
Met work - imminent
Funding - imminent - hopefully a NSR
Rig(s) mobilised - around the corner
Exploration lease granted over komatiite channel - around the corner
Tail/wedge off the komatiite channel hole, on the hunt for massive sulphides - hopefully imminent
watch this space
(20min delay)