There is no legitimate reason for the current delay in the restart. One can only wonder why the directors are holding back?
There is no need to wait for a Jorc'd resource. Jorc is only a necessity for issuing reserve quantification notices on the ASX. It is beyond any doubt that there is adequate ore in Black Swan, Silver Swan and Golden Swan for an economic restart. The only question is how much better it will be.
The question about the composition of the concentrate is a red herring. This mini was operating and selling ore previously. We will be restarting on the same ore bodies Norilsk were mining, at the same point. The grade they produced is known perfectly.
GR Engineering has priced the restart so many times its a joke.
The Nickel price is well over $9 and heading up.
Get on with it. Don't let two minority shareholders manipulate.
bacci
Just get on with it
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| Last trade - 11.20am 08/05/2024 (20 minute delay) ? |
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