Jaguar vs. Julimar, page-3

That's a nice comparison company should have you on the books haha, I almost didn't believe it at first had to check it but it adds up.

Based on today's update if we add 6 extra years of 20ktpa @ 25kUSD sale price, using a 8% discount we just fall short of a 5 Billion AUD NPV.

My only real concern with this project is the potential for nickel laterite production to become more attractive in third world countries as the nickel price ticks up, bringing down the price for us. Two things ease my worry on this:

• The numbers I used above was 25k nickel which could be maintainable even if laterite production kicks up because it'll be largely offset by growth in future demand.
• And I believe there will be a two speed nickel market, a premium low carbon product for wealthier countries that can afford to care about ESG and cheaper product with higher emissions. I know this has probably been discussed a million times, i don't frequent the CTM threads.