I saw the question asked and not answered.
1-7yr production will produce $176M US per year at August 07 prices. Currently probably $250M AUD. $3 Billion worth of metal and likely to grow much more.
I think mine life will ultimately be extended to 20 years PLUS
To correct the pinhead comment, extension drilling started last quarter. Potential to double the resource.
Ad Kuhmo nickle project possibly to be mined within 2 years. Current 37MT and you have $ 1Billion more.
So $4 Billion, and possible twice that, to be mined.
All for just $100M marketcap with $50M cash in the
bank.
Nice
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- huge potential and 5 to Disallowed
huge potential and 5 to Disallowed
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