GOLD 0.51% $1,391.7 gold futures

Fair enough, Personally I think the low $67M AUD~ Capex that has...

  1. 496 Posts.
    Fair enough,

    Personally I think the low $67M AUD~ Capex that has been previously identified in 2013 is a stand out factor - which also means quicker mine constriction time. CLQ which is also a Ni/Co Laterite deposit has recently reported a $900M AUD+ Capex for a 20 year mine.

    In addition to this the process uses minimal sulphuric acid 25 KG/T. Compare this to CLQ's patented process which uses 275 KG/T++.

    In regards to the 75% nickel that is not recovered - all not is lost as it will be stored so if a low cost solution does become viable it can be extracted. For the time being I believe the fact that Mt Thirsty will have it's most fertile production in the first three years is also a draw card. CLQ on the other hand will take 3 years to reach full production.


    CLQ/ Mt Thirsty (CNJ/BAR) Acid Consumption:

    cleanacid.JPG
    BAR/CNJ:

    cnjbaracid.JPG
 
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