Share
604 Posts.
lightbulb Created with Sketch. 706
clock Created with Sketch. 29/07/23
22:53
Share
Originally posted by madowa01:
↑
Umm just a quick math check. you only need to do it 15 times to double your money if you reinvest your profits. But you are spot on. this thing was sitting a dollar lower only a week or so. ago. That's a decent return in anyone's books.
Expand
The Braga and Biondi paper (preprint) has: "The average specific weights for the various rocks and ores used in these calculations were determined to be: unoxidized rock = 2.71 t/m3; rust-colored ore = 2.43 t/m3; brown ore = 2.13 t/m3; orange ore = 2.01 t/m3 ;" and it is the orange ore which has the highest Ni2O5 grade, is the closest to surface, and is the ore that has been mined in the open pit https://hotcopper.com.au/posts/68471811/single .
(20min delay)