With current Ni price? I do not think so ..... what was the Ni price when the prev broker valuation was done? Remember, every dollar above the prev price used in the valuation, goes straight to profit .... there is no increase in costs. For example, if Ni price used in est val calcs previously was US$7/lb and we know it is already heading over US$13/lb., that US$6/lb adds to the profit which previously was approx US$3/lb ..... That's right! Profit trebles!!!!
It becomes an est US$9/lb., profit.
With current Ni price? I do not think so ..... what was the Ni...
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