The geologists think the style of mineralisation is comparable to the Raglan mine in Canada. Raglan is made up of many small deposits spread over a long strike. Raglan produces around 20k of nickel consentrate a year from open pit and shallow underground operations at low cost. Glencore now own Raglan and may be looking for replacement ore?
SGQ Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
