Ni price recovers loss..any good news i take it, page-3

Fredy,

You are right, the W to Bswan COP is on my maths $3.30uslb, on your info $3.40, that was Plan B but AF decided to go with plan C which was LJ.

Senator,
the DS estimate of W to Bswan of 5.40 in the diggers preso was clearly wrong or a typo, it must be as i, fredy and even you have analyzed it at 3.30-3.50uslb as the 2014 DFS stated it was $4.05 with a 35% higher AUS$, 50% higher oil/diesel costs, 50% higher contractor/staff costs then than today, those costs are well lower now, heck even lower than that maybe.

If they can get Bswan working and that road sealed for $1M then start W up buddy, But i think as fredy said they wait for the NPP to rebound then we will back to 27c again easy.

I think if they buy a large high grade working mine near kalgoorlie to feed BSwan like Mt Jewell off PAN and buy a cheap mill like BHPs lienster near W then thats connect 4 mate! Nows the time when the sale prices of these gold assets are dirt cheap.

Releasing a W DFS at 3.30 would help or releasing those long delayed drill results at W G shoot and LJs EM deeps at higher grades would shock the market. It would take POS to a JORC level larger than WSA whose MC is 20 times larger.

POS team normally do something unexpected at times like this, normally something theyve been working on for 8 months in secret once again.

Fredy is telling us the POS team are back in action, dreaming up some new things.