In this interview, the experts (and Brett - j/k Brett!) were...

In this interview, the experts (and Brett - j/k Brett!) were discussing nickel prices and the inference is that most producers will be able to crank up their operations when nickel hits $6.50-$7.50 per lb. I am guessing ours will be around the same figure.

https://vimeo.com/429909664

Well, that's $13,000 - $15,000 per ton.

I wish I had taken the Blackthorn guy's (BSX.ax - I don't hold) information on board as they are up from 10.28c to 47.86c since March. With Korean backing of $6m, they are doing very nicely, 450%+.

What are our approximate costs to start mining the lower quality surface ore?

How about the underground better quality ore?

I can't seem to lay my hands on any accurate modelling figures in any of the presentations.

Why aren't we given any numbers on approximate costings? Are they still being worked out? Aren't there any being made public, or have I missed them?

All the experts are predicting prices to continue to rise, as countries like Indonesia will not be able to supply (economically) battery quality ore. There simply isn't the supply around. Vale are running out of ore and in desperate need of feed.

Prices are forecast to hit $20,000+ within a few years, driven by the EV boom in particular.

So as @ohmy keeps suggesting, surely we must start planning on mining our ore, from 2021?

I'm probably better off at this stage selling my 12.5m shares and investing via a Nickel ETF!

But where would the thrill of the 500% rise in SP be then?

I'm really interested to see the results of the latest metallurgy, and to continue expanding our knowledge of the Lynn and Fraser Lake deposits. Hitting massive nickel sulphides at FLC would certainly rocket our SP towards that of Blackthorn. They are around 20 x our current MC btw ...

What an exciting time to be in an unloved Nickel explorer with a JORC resource and in area mottled with nickel.

A visual to get the blood pumping: