major nickel-copper discovery, page-56

This morning I did a similar sum as you LEBOZ, but slightly more conservative - but then multiplied the potential IG value by the magical market factor of 2%, where a lot of u/g nickel shows seem to be currently trading vis a vis metal in the ground.

So yes, there is some room to move in price if the drilling campaign is successful, but given the enormous unknowns (some holes could be all pyrrhotite, it could pinch in and out as lenses, blah, blah, blah) and pending cap raise, I reckon I needn't rush in just yet. But that doesn't mean to say it may not be a winner, by any stretch. If there is any environment where one could reasonably expect sulphides to be clearly delineated by EM, then, IMO, this is it.