SI is the only place left with High Grade nickel in the area. Easy to mine and very cheap labour. Did I mention PNM has big tax breaks on fuel and imports.(Partsmachinery)
even at this market ore prices PNM profit on wmt.
word on the street is CEO Mr Geoff is paying hbs usd2 mln per month only for 10,000 wmt. Usd200 per ton, not including fuel and labour and food. No matter if hbs is sleeping, relaxing, working, pulling out 1000 tons or 10,000 tons or 100,000 Mr Geoff is paying usd2mln. On top Mr Geoff pay wages, leasing,food, labour, fuel.
With the $60mln Mr Geoff received from Australia investors and GC only buy 1 or 2 diggers. No mining equipment either and no jejevo.
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SI is the only place left with High Grade nickel in the area....
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