nickel prices & the crystal ball, page-8

re: nickel prices & the crystal ball/tom Subject re: nickel prices & the crystal ball/tom
Posted 10/12/04 10:07 - 31 reads
Posted by hotwolf
Post #452304 - in reply to msg. #452293

Because it has a short mine life (unless reserves are lifted)

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Hi Hotwolf,

you are exactly right.

Short mine life has been holding JBM back for over 1 year now.

Alec Mairs & Anomaly 1 will change that.

JBM has less than 100 metres to tunnel before Alec Mairs will be producing Nickel.

Brokers are adding 50 cents for every 10,000 tonnes Nickel proven at Alec Mairs.

Anomaly 1 contains a proven 270,000 tonnes Nickel & a BFS is commencing this month.

Anomaly 1 is likely to double JBM's Nickel production.

Anomaly 1 can/will be developed as an open pit mine.

A pilot plant run is commencing as we speak.

Cheers.