for wrxsti-good positive news
Basically agree with you my friend -as a founding shareholder I am happy with progress.
But you are getting ahead of yourself a little- firstly nickel is not expressed as grams/tonne but in percentages. Secondly two years to drill out the 14 km of strike, do scoping studies and feasibility studies, design a mine and start mining -if it hangs together in an economic orebody -is quite optimistic. Especially considering the long lead times presently being experienced at labs and more especially out of Botswana.
Of course if a high grade orebody was discovered in the next few months it may be possible to mine and process in less than two years but unlikely -just like WSA if you are finding high grade ore it is hard to make that decision quickly as you are potentially changing your design as new results impact on your design -but they did get started with a box cut --and underway.
Whoever told you that it can happen in less than two years does not know much about nickel -unless it is a developed mine like the ex WMC mines with infrastructure in place.
DNL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
