AXN 0.00% 4.5¢ alliance nickel limited

Ann: NiWest Nickel Cobalt Mineral Resource Update, page-3

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  1. 5,336 Posts.
    lightbulb Created with Sketch. 66
    all about the economics, the resource is there and the cost of extraction will dictate value. There's U$11.4B of metal within the Ni and Co

    Column 1 Column 2 Column 3 Column 4 Column 5
    1   tn price cont value  
    2 Ni 830,000 $11,000 $ 9,130,000,000  
    3 Co 52,000 $44,500 $ 2,314,000,000  
    4       $ 11,444,000,000 U$
    5       $ 15,258,666,667 A$

    because it's close to surfce (<50m) then there's a good chance the mining will be cheap, so the metallurgy will be the defining factor for mine
    Last edited by redsceptre: 21/02/17
 
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