Isabel Nickel Project will be the Company Maker (MC from $43M to $1.0 ~ $1.5B. depends on nickel price)
Current Nickel price is around $12/lb, $24,000/t
159Mt x 1.045% = 1.6Mt x $24,000/t = $38.4B
NPV = $3.84B
INCO is one of the largest nickel mining company in the world(over 100yrs).
Vale INCO had done hard work on Isabel Nickel project before.
Where is Solomon Islands
Many mining company have tried to secure Isabel Nickel Project.
But they have failed, Axiom mining have secured Isabel nickel project.
RCR report
Ravensthorpe Nickel mining
Once again Isabel Nickel Project will be the Company Maker (MC from $43M to $1.0 ~ $1.5B. depends on nickel price)
Current Nickel price is around $12/lb, $24,000/t
159Mt x 1.045% = 1.6Mt x $24,000/t = $38.4B
NPV = $3.84B
Short term TP: 12c
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