POS 0.00% 0.4¢ poseidon nickel limited

resource breakdown

  1. 1,035 Posts.
    Hi everyone,

    Just having a look at the resources and some of it's potential IMO.

    Windarra (Main) - 60,370t (Sulfide). No resource upgrade with A-deeps. Further resource upgrade should bring this up to 100Kt IMO.

    Denny Bore - No modelling yet. Should get 30-50Kt (oxide + Sulfide when bulked out to around 2%.

    Windarra South pit - 2,500t in waste dumps. No modelling yet of oxide and sulfide. Unknow size but could be 30Kt+
    This was also quite a distance (20km) from the original plant and knowing WMC probably left behind a substantial resource.

    Woodline Well - 3,600t (I think oxide mostly). Unknow extent and sulfide potential.

    Waite Kauri (Eagle eye) - 17Kt (80% POS) I think mostly oxide - unknown extent and sulfide potential. Should at least double with further drilling.

    Proto - Oxide drilling so far unknown size potential.

    Windarra Oxide - I hear WMC didn't model up a potential 50Kt of oxide at windarra but only mined the sulfide. Unsure if this may be true. Anyone know about this?

    If these come up trumps that could make up 1/4Mt Ni to start with IMO. With still a huge amount of the belt to explore. There is also a lot of exploration activity from other potential takeover targets in the area.

    Feel free to comment or add.
 
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