OK , it's probably fair for you , the reader , at this stage to think Q is either a mad ramper or is on drugs .
Well , tonight I am attaching , below , several publicly released documents that underpin my sentiment .
If , after reading this post and the documents linked , you still harbor those thoughts please say so , and why .
Maybe you might fairly ? conclude that Q was actually underselling the project .
For the record , I was gobsmacked by the potential of this project .The word MASSIVE came to mind .
Over to you guys .......what is your conclusion ?
Best I can do .
Q
KEY POINT SUMMARY
NOTE :The project is sulphide based ...... much cheaper to process than nickel laterites .
The SNBC undertook a helicopter borne electromagnetic survey along strike from the known 33 Mt Ni resource .That survey revealed 3 discrete additional zones indicative of massive sulphide
Zone 1 .....2.3Km long with a response more robust and continuous than the known or bodies .
Zone 2 ....extends for 600m
Zone 3.....extends for 1.2 Km
Pictures are embedded in the announcement .
There is still 17Km of shear strike to explore .
ARH was targeting a 12-18 year project life
"There is unanimous geological opinion that the known nickel sulphides are remobilised from a source deposit into the host sediments ......
Normally the sediment hosted nickel represents a minor part of the total deposit ."
ARH put the project on hold to focus on the Fe boom at that time .
DOCUMENT LINKS
https://www.asx.com.au/asxpdf/20041126/pdf/3nvk0bcxbr74z.pdf
https://www.asx.com.au/asxpdf/20041216/pdf/3p452y6s0nkbs.pdf
https://www.asx.com.au/asxpdf/20041126/pdf/3nvqhysq638tx.pdf
https://www.asx.com.au/asxpdf/20050705/pdf/3rfkjppj0lb0h.pdf
https://www.asx.com.au/asxpdf/20050728/pdf/3rpg1s4gmsqc3.pdf
https://www.asx.com.au/asxpdf/20050815/pdf/3rws5s031x0wj.pdf
https://www.asx.com.au/asxpdf/20051019/pdf/3stw45d1k9myg.pdf
https://www.asx.com.au/asxpdf/20070802/pdf/313sf2z55x9xf1.pdf
https://www.asx.com.au/asxpdf/20071003/pdf/314xg87gfqk9f2.pdf
https://www.asx.com.au/asxpdf/20071107/pdf/315p6f5b73g9pn.pdf
- Forums
- ASX - By Stock
- SBR
- SHERLOCK BAY NICKEL PROJECT BFS
SHERLOCK BAY NICKEL PROJECT BFS, page-4
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.894M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 634370 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 697500 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 562942 | 0.013 |
4 | 376977 | 0.012 |
2 | 408999 | 0.011 |
2 | 150000 | 0.010 |
2 | 495000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 697500 | 3 |
0.018 | 187001 | 1 |
0.019 | 370000 | 3 |
0.020 | 311324 | 4 |
0.021 | 57008 | 1 |
Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
Featured News
SBR (ASX) Chart |
Day chart unavailable