Havent heard of Grasberg , thanks for the info.
Have you heard of Nova Mineral's Estelle Gold Project in Alaska? 9 Moz on the side of a mountain, and the price just keeps sliding down. Bit of an issue of extraction costs there I believe
Your epithet there has some words missing off the end tho...
"Monster resources are worth developing if a Definitive Feasibility Study supports it" And sometimes they dont support it, ie too costly.
Hey, dont get too worked up about what I posted, Im simply saying, as others have, that it will have a high Capex being in a remote inhospitable area. . TNG's proj near Tennant Creek is $1B+, AVZ's Manolo Deposit in the DRC is pretty high too iirc..
Im sure it will get developed if the projected demand evolves and that critical Ni shortage develops.
I'll wait for the DFS though myself.
GLTAH
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Havent heard of Grasberg , thanks for the info. Have you heard...
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Mkt cap ! $11.23M |
Open | High | Low | Value | Volume |
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1 | 25000 | 0.085 |
1 | 12000 | 0.084 |
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2 | 107516 | 0.080 |
Price($) | Vol. | No. |
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0.099 | 100000 | 1 |
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