It's not what they have now, but the blue sky that people cannot...

It's not what they have now, but the blue sky that people cannot

It's been drilled on 3 sections spaced 100m apart - this gives a cureent strike length of 300m. As further drilling extends this will get bigger, plus the other conductors need to be etsted as well. On section it appears to have a length of 300m as is closed off on one section.

So if we have 300m by 300m by thickness (true thickness could be say 10 m) times the SG (as sulphides you could have a 3.5 sg (average -could be slightly more?).

Using this gives rough 3.2 million tonnes at whatever Ni and Cu grades. Every 100m that it can be extened should increase the tonnage by 1 million tonnes.

These figures are only a rough estimate. There could be a number of positives such as increasing the dip on section (currently 300m).

For the market cap to be where it is indicates that further success will continue.