MLS 9.52% 1.9¢ metals australia ltd

present resource, further drilling will double it:Nickel (cobalt...

  1. 717 Posts.
    present resource, further drilling will double it:
    Nickel (cobalt not included), 120 million tonnes at 1,2% =More than 1,4 million tonnes of Nickel......
    Multiply 1,4 (nickel) x $U30,000 (a tonne) gives you a figure of over 40 billion US$!!!!!!
    And that does not include the Cobalt (high) credits....
    Neither does it include the increase in resource will be added with the soon to commence drilling programme....
    And naturally...the Argyle Iron Ore project which drove RMI to 17 cents about2 years ago, is not included......Neither the other metals believed to be contained in the Argyle Project are included.....

    Cheers;))

    The above my opinion only. Please do your own research prior to any purchasing -selling decision...
 
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