Hotfire the penny drops when the Pre-feasibility study is completed and that is what has happened. Do you think these things are calculated on the back of an paper knapkin? This will be a $700 million dollar project! Do you honestly believe that the management (that you obviously have no idea about) would proceed on such a major project without ensuring proper due diligence and feasibilty? After Pre-feasibility comes the full feasibility study and this will take about a year in itself. The KNP is in pre-fease and Feasibility will cost about $200million before committing to $2bn for the project costs. Jump Up will produce 10,000 tpa which is equivalent to around US$300,000,000 per annum revenue. The KNP revenue will be about US$1.5Bn per annum and both are 20 year minumum life We are not in the sandpit here. Heron has a larger nickel footprint in WA than BHP , Norilsk, CVRD or anyone else. Heron is the battle ground where the nickel turf war is beginning to develop. Rockford
HRR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held