nah reserves and price is different mate
just because nickel prices are heading up doesnt mean that they got more ore.
It just means that they are getting more for their ore.
They're drilling determines their reserves and reliability based on its compliance (drill holes etc etc).
And the grade is the level of metal in the dirt.
FXR has an abundance of ground to drill...not too hard to incrase the 3 yr mine life. Theyre grades arent fantastic, but they are one of few that are actually ripping metal from the ground and sticking it on the ship.
From explorer to producer can take years...
and they are already there....
i like the story and potential
but DYOR
fxr cheap nickel play, page-7
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)