Tier 1 Discovery, page-409

Open pit mining can process ore for $10 per tonne .

If the Nickel price is $16000/ ton

And if 0.2% Ni. can be recovered from our lowest grade ore then each ton produces $32 US

Every 200 ton truckload produces $440 profit for it's owner , that's just for the Nickel not including Copper ,Cobalt or PGE Credits.

If there is a couple of Billion tonnes in the "Red Box" , that's 10 million truck loads , that's $4.4 Billion Profit + Copper Cobalt PGE's .

Worst case scenario is printing money in any macro environment.

I'm happy to be schooled if I am missing something.

I don't know anything,