Now with the raising behind us, I think it's worth reprising last week's Announcement which sadly, amid all the breathless fear-mongery, went pretty much unnoticed.
Astonishing really, because as Bluebird observes above, this cobalt sweetener adds
considerable value to Quicksilver - not only for its potential worth in outright dollar terms, but also for the added flexibility it offers to the mine startup, and as a separate product stream in the multi-element mix.
Mind you, G88 is priced virtually at cash/shell-value, which means
little or no value is ascribed to any of:
- Quicksilver (established Ni-Co-Magnetite Resource)
- Cardinia (exciting KIN JV'd VHMS ground)
- Yuinmery (massive gold-in-soil anomaly next door to Rox' Youanmi Project)
- Yarrambee (highly prospective for Ni-Cu-PGE mineralisation)
So
everything priced for abject failure - despite a strong portfolio of assets, and a highly competent (and results-delivering) management team:
(20min delay)