AVQ 0.00% 2.5¢ axiom mining limited

No he wouldn't. It's not as simple as sulphide is cheaper...

  1. 1,516 Posts.
    lightbulb Created with Sketch. 22
    No he wouldn't. It's not as simple as sulphide is cheaper because there's less involved in the extraction process. It depends where it is and how costly it is to get it out of the ground. The beauty about most laterite deposits is that's it right near the surface. You can pick it up with a spade and bucket. The concentrate process is cheaper with sulphide once it is out of the ground, but like I said, in the last 10 years there have been major tech advancements that's made extracting nickel from laterite a lot cheaper than it use to be. So where it is cheaper to turn ore into nickel concentrate with sulphide it is a lot more expensive to get it out of the ground. He/she won't tell you this because he/she doesn't provide you with all the facts
 
watchlist Created with Sketch. Add AVQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.