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0.00% $1.60 australian governance & ethical index fund

The Allegiance Ore is unique, not seen anywhere else in the...

  1. aljscott
    63 Posts.
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    08/03/08
    11:28
    Post #: 3444804
    The Allegiance Ore is unique, not seen anywhere else in the world. It has a fair basic composition making it relatively cheap and easy to extract the Nickel. Infact the recovery rate is much higher than most other nickel producers. So 1-3% Nickel at Avebury is the equivalent to say 10-15% (there abouts) somewhere else. Other mines may have higher percentage Nickel in the ground, but its pretty useless if you can't extract all the Nickel because of the impurities.
    AGM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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