Royal Nickel Corp. RNKLF

$RNX: a larger-scale Beta Hunt requires high capacity mill

[pierreg]

I wrote that a larger-scale Beta Hunt operation requires a high capacity mill as per https://ceo.ca/rnx?b2c62fda8632 . In addition to this, from my Mines and Money 2018 transcript https://ceo.ca/@pierreg01599501?d6953d1bb7c0:

Mark Selby: «We bought this mine because we believed there was these great big shear zones again four kilometres. You can fit two mines into that kind of a strike length that again can go for a kilometre deep. We have a five kilometer ramp system that's already there.
[…]
Right okay, so we've got three drills on site right now. We'll do the resource update Q2. Will look to re ramp up the lower grade production in the second half of next year and again, given the scale of the asset we know the ramp can do 3,000 tonnes a day. We've done that and so, with that kind of a volume and X we expect a grade to go up materially. We've got the potential for a mine to be 150,000 to 200,000 ounces and that's just on the first 2 kilometers. Then we have a whole series of other discoveries where we've got another two kilometers which can even add more production longer-term, that's the three plus years. So again, I think for investors now the stocks made a nice run but again if you step back and say okay, how many high-grade gold discoveries have there been made in very low risk jurisdictions like Western Australia and not only in a low risk jurisdiction but basically, sitting adjacent to 5 kilometres of mine infrastructure? So, as we find this resource, we're going to be able to bring it in production relatively quickly. »