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Good News for TNG?, page-52

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    Holy Norilsk Nickel, I just ran through the history on this below.

    You’ve also got 20 per cent of a nickel-cobalt deposit, I think you call it, it’s under care and maintenance isn’t it?

    That’s right.

    It’s called Cawse project?

    That’s correct, it’s the Cawse Extended Project just outside of Kalgoorlie, that was a joint venture that we originally had with Norilsk Nickel who had it in operation.

    How much do you think it’s worth?

    Well, there’s 100 million tonnes up there, so depending how you want to calculate it, it’s worth tens of millions of dollars to us.

    The numbers are only are part of this.
    Norilsk also onsold some other operational assets around WA at the same time as this that have also been on C&M since then.
    rolleyes.png

 
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