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,
Open pit mining can process ore for $10 per tonne .If the Nickel...
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