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30/07/16
09:14
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Originally posted by jazzmox
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Nova will have 5-10 times the earnings power of Isabel, per annum.
Everyone in the industry knows nickel sulphide is the rolls royce of nickel just like iron ore hematite is much more valuable than iron ore magnetite.
I do not expect you to understand. But hey, I did not make the rules. These are time tested.
Just pick up a book
If AVQ truly wants to be compared to SIR and the other big boys they will have to produce nickel concentrate and build an HPAL plant. Cost? $2 billion +++
Why? Because sulphide ore is much easier to concentrate than laterite ore which has to be completely molten or dissolved to enable nickel extraction.
With a DSO operation someone else will have to go through the expensive process of extracting the nickel from the laterite.
You cannot change the rules because it upsets you. Just the way it is
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So what you are saying is when we get Isabel our price will go down? coz its not nickel concentrate?? fact is 100m market cap is a steal. END OF STORY. This is worth 300-400 m if we get both tenements.