Share
clock Created with Sketch.
16/08/16
23:41
Share
Originally posted by Subah
↑
Legal ownership now or in a couple of months, I can wait. One thing for sure, the numbers in that PFS look mighty impressive. A Base Case of US $ 187.6M NPV and a 35 % Net Margin is like no other near future Nickel producer I have seen. US $ 11.49 Mwt is bloody good, show me another producing Ni mine operating with those operating costs numbers.
Expand
Nickel Asia does (who also does DSO of laterite nickel ore), if you convert PHP to USD it's 9.51US/WMT. But don't forget 20% of any profit goes to the landowners for AVQ.
Their 2015 annual report makes interesting reading, in regards to laterite nickel ore price.
http://www.nickelasia.com/AnnualReport/AnnualReport-2015.pdf
Last edited by
user23 :
16/08/16