This new discovery puts us on track for the BFS at year's end to contain circa 100mt or ore and thus at a concervative 0.6% grade our "little" mine will hold approx 600kt of Ni sulphides.
With this mine size we are looking at a LOM of 20+yrs and an NPV pushing 3bn AUD JUST for the upstream operations......when you add the downstream we have so much blue sky that the lid has to blow off the SP at some stage.......whether that be after assays confirm grades, post upstream and downstream PFS or if we have to wait for the JV signing ink to dry.....its ONLY a matter of time!
Final thought and reminder....SW said only days ago that SH's should look out for more announcements about future major partners(which also could be the catalyst for a major re-rate).
IMO DYOR GLTAH
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This new discovery puts us on track for the BFS at year's end to...
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