1. Its State Forest and clearly marked as such in Tengraph.
2. WA has a long history of allowing mining in SFs but it may be with "conditions" so the political angle is a risk albeit low given Boddington and Alcoa.
3. For me it does not matter, they can already see at least a 1.3 km pit on the back of drilling to date with a significant potential Pd-Ni resource supporting a SP north of $3 (IMHO). At current metal prices (on a 100% recovery basis) its like a 0.93% disseminated Ni sulphide orebody. Mt Keith is 0.54% by way of comparison. Mining metrics will be attractive in Perths backyard.
4. Confirmed access to the north (with a right to mine!) would be cream on the cake and a catalyst for more action.
5. My main concern at the moment is that ~ %55 of the value is in the Pd but Pd would have to fall a long way before the operation was not payable. Will fuel-cell Pd usage be more than Pd in catalytic converters in the future? Might be relevant if the EM to the north turns into a Jinchuan although metal ratios can vary across feeder zones?
6. Would also be nice if the next lot of met results include some actual recoveries.
And finally, I hope a certain other company in the Fraser range is taking note of what can happen when you get serious about drilling!
GLTAH & DYOR
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