Wot,
Yes, imo without significant sulphide results the co. is worth only $15m and that's being generous as it can keep on getting laterite results ad infinitim, and it will unlikely ever result in a mine.
I am very interested in how you how you come to a '80-90' chance of sulphides and can you also suggest the size and grades of the sulphides that they have a 90 per cent chance of finding?
Ann: Nickel Discovery Extends Over 3 Kilometres, page-280
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