THOUGHTS ...Have Canadian Nickel juniors - using the Mg carbon capture chosen the
wrong route ? Has it allowed Indonesia an
easy checkmate who are now
producing MHP which just so happens to command far more per tomme ?
Indonesia says its nickel supply will keep global prices low
Bloomberg News | February 29, 2024
Indonesia’s MHP output, the lion’s share of which comes from Chinese-owned facilities, is increasingly being tied up in off-take deals, Seto said.
Making the chemical is far less carbon-intensive than producing battery grade nickel through coal-powered smelting, which forms the bulk of the South East Asian nation’s capacity.
Several European automakers have been aggressively approaching Indonesian miners in order to lock in supply deals, Seto said, declining to name the firms.
Indonesia has been seeking a critical minerals deal with Washington to ensure its nickel plays a key role in the EV supply chain of American companies. Jakarta has announced plans to trace ore to assuage concerns about compliance with environmental and labor standards.
“The message that we deliver to the US is that they’re not only facing competition from China for the supply of the nickel coming from Indonesia,” Seto said. “They are also facing competition from their friends in Europe.”
https://www.mining.com/web/indonesia-says-its-nickel-supply-will-keep-global-prices-low/ Perhaps NCP could try a different path ? Plat group hydrogen production.
It would certainly bypass the global nickel games and bring tangible value to
investors versus.... hide behind low spot nickel prices and wait it out.
Watched a few NCP video interviews... Prez super focused on Arch zone hoping it will create a - starter pit ?
Thing is.... there's significant overburden if one only factors, sulphides.
The sulphide irony ? - ore bodies surrounding sulphides are mineralized.
One video mentioned ( 6 yrs ago )
Over 50% of outstanding shares are held by, large investors.
Another video mentioned... Accessing Gov't assistence.
This current PP is anything but Gov't assistence.
Simply put.... more cheap dilution on the heels of a shameful pfs.
Another video mentioned... Moving forward, work on a fs study with a hint of, better end product ?
Let's see... push out a pitifil pfs then, easy cheap shares....
and then revamp with fs study... with a better end product, MHP, Matte ?
---------------------------------------------------------------------------------------
Net Zero carbon capture without and profits showing in Canadian junior
economic reports...?
Carbon Capture Cancels out Mg metal profits.
No new roads, built ?
Reads as... mystery entity has it in for, Canadian juniors, while favoring Indonesia ?
canadian nickel juniors -
on spin cycle.
https://www.youtube.com/watch?v=AMSg_MMSSuY ---------------------------------------------------------------------------------------
Best Path ? https://stockhouse.com/companies/bullboard/t.ncp/nickel-creek-platinum-corp?postid=35875664 ---------------------------------------------------------------------------------------
I also compared 2014 stats with 2015 pea. 2014 included Johnson's drill hole versus 2015 placed it outside the pea pit.
What's so special about 2014 stats ?
They included 2012 drill holes below UG mine.
Yup.
I didn't see drill hole WS 271 which produced 676m (
3 lenses )
Very important hole -
https://live.staticflickr.com/65535/53321883061_de69f57354_c.jpg ---------------------------------------------------------------------------------------
Could the 2023 pfs model be skimming just the surface silicate ores resulting in increased waste tonnage
versus
calculating deeper sulphide tonnage ?
The attitude of,
Open pit model ( but ) protect UG mine is...
very odd. 2014 - page 59 - WU = underground https://www.wellgreenplatinum.com/pdf/Wellgreen_2014_Resource_Technical_Report.pdf Keep in mind...
These are underground drill holes.
Could be 100m or more from surface.
Which places these 2012 intercepts well below the 120m pfs pit shell.
And... it's well known... there are 2 - 3 ore lenses. 676m deep )
What's easier ? Revamp pfs (
best path - link above ) with Gov't $$$ no dilution
or
mega dilution @ 0.015 cents - lil $$$ can't do much
I'd make that bet,
silicate nickel recoveries would be higher than the current sulphides.
lol
Will tsx provide the stamp of pp approval or,
ask junior to revise pfs ?
tsx...
did announce on their website few yrs back, would revert to stakeholder way.
Iron credit
Mg credit
Pull plats out ( $5 billion )
Chromium
Titanium
Silicate nickel
Exotics
All drill holes - beyond current pit depths
ug mine included instead of skirting
Isn't Stew apart of another PLAT project ? Yup... and they include the rhodium.
Wellgreen is a diff breed.
pl + pd + 5 exotics and... rubidium.
Wellgreen is a superb project.
Yet...it's true value is not being recognized.