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sigmadelta

10,295 Posts.

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23/02/18

09:54

Post #: 31280290
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Originally posted by Solarbat ↑

Totally. That's why I'm personally mad keen on CNJ/BAR's Mt Thirsty - large deposit, super shallow, all infrastructure close-by, impressive managemnet credentials and scoping study by highly regarded consultants complete and PFS in process. It's the rough diamond that's had next to zero marketing.

The other big thing for me is estimated CAPEX costs. Most of the Co/Ni laterites are going to cost an arm and a leg + some. Mt thirsty's coming in under $25o million. Others $600 - $900 Mil etc.

I'm looking around for better bets in terms of Mcap value right now, but haven't found any. At least none that have the advanced development of CNJ and BAR. Suggestions welcome. I'm in COB, and I like ARL a lot, but that's a HUGE resource (long mine life) and a high CAPEX, + it's highly nickel dependant.Will cobalt be needed/viable to mine 20 years down the track? Who knows!

Main thing for me - companies that can get up and mining real quick.

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I quite like CTM. They look like they have an interesting target in Brazil.
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