My guess $1.67 I assumed drill results this year increase resource to about 200k tonne contained nickel x spot price $25k USD tonne ( conservative as it’s higher than that ) convert to AUS $ and take say 5% of that value to allow extraction costs etc over say 20 yr life and divide by SOI. Not sure I’ve the maths right and no idea the extraction cost and money left thereafter but basically I’d be taking 5% the in ground value of contained nickel and dividing by SOI, best of luck whatever the number, Loop.
WIN Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
