Nickel Rose again..., page-146

You can believe whatever you want. Some still believe Elvis lives. Some people can't be reasoned with.
long mine life is hardly a value add, you may not get that. That's why cash flow gets discounted. Future cash flow is worth less than current cash flow. Far enough into the future and cash flow reaches $0. Finance 101.
usually only the first 4-5 years are modelled.

I just spoke to a mining analyst and told him someone is trying to argue that nickel laterite is more valuable than nickel sulphide. He just laughed and said laterite only good if by the coast and 2%. Hence nobody has touched Isabel at 1%. You better hope they can double the grade from inco/kaiser. I doubt it will be higher than 1.5%. But good luck.