JRV 0.00% 1.3¢ jervois global limited

As it stands with todays price of Nickel @ $44,600 per tonne,...

  1. 1,272 Posts.
    As it stands with todays price of Nickel @ $44,600 per tonne, Young is worth $71,360,000,000
    If it averages $34,170 for 2007, it's worth $54,672,000,000.
    The general consensus is that nickel prices are going to stay high for a considerable time.
    The following is taken from an article in The Australian.

    " Those in the nickel business say building all the infrastructure plus the complex laterite treatment plant could cost something in the vicinity of $2.5 billion.

    It would be at least seven years away from development, probably more like 10.

    But Jinchuan thinks long term. Nickel will still be in demand a decade from now. And this in Western Australia - not Bolivia and not the Congo. It may be a difficult project but a safe one politically.

    And Wingellina does contain 2 million tonnes of nickel and 150,000 tonnes of cobalt. That's big".

    IMO, I can feel a deal/JV coming on and I don't particularly care who bosses who around. As long as they get the stuff out the ground!
 
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