With those sort of grades the Chinese would be missing a great opportunity plus the resource is massive (30km).
If they stuff around it will open the door for somebody else.
What more could the Chinese ask for?
1/They have FIRB approval.
2/ Proven resource.
3/ Local and NSW govt support of the project.
4/ $$$$ for them.
5/ Opportunity for further investment in Aust.
6/ Jiaming have a process.
7/ JRV may have alternative process to consider.
8/ China needs nickel.
I can't find any negative other than they don't have the money or ticker to commit. IMO they will sign up. Why the hell wouldn't you.
announcement, page-23
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $32.88K | 2.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5898918 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1091365 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| JRV (ASX) Chart |