GREY:NEVDQ - Post by User
Comment by
patchhon Oct 03, 2021 3:02pm
166 Views
Post# 33958973
RE:RE:Newsstock &NGU: I am curious on what
RE:RE:Newsstock &NGU: I am curious on whatWest I over due this cartel theroum !
Hwv - Lithium Americas is starting their OP up in Thacker Pass sometime in 2022..
National Coal or Sawtooth (Anaconda Montana) is going to build the LAC OP w a 1000 contractors.. the LAC contractorsare gointo a wilderness - bare !
the LAC construction project is going 2B a very large construction project - probably one of the largest mine projects/build to hit nevada..
Canacord iss' Banker'` N 2 rounds @ 500M$.. one for the OP Mine.. the other for the Li++ MIll..
the Li mill is a sulfuric acid process - closed loop/zero discharge and will produce Li+ Cathodic..
Rok Teck is supplying the engineering..
good chance this Sawtooth Groupies' will move down to yearington w a fully staffed logistiks unit when LAC is finished...
-->> the Billion $$ is a good Swag' for NCI Plate value in todays dollars..
Morevover - the NCI Plate Value, does not take into account the 10B$ that is being poured into the Nevada Mining Industry going forward N2 2022..
in 2021 - between water and road projects.. probably pushing close to 500M$ - most of it midnite line items @ the federal level/spending ---> they built a new cement plant south of fallon/etc...
otw - the actual value of the mineis potentially orders of magnitude over a billion dollars..
-->> -->>> in the case of Nevada Gold ?? their (ABX/NMT)combined book vale is something on the 0rder pf 100B$.. ABX alone has a free cash flow of over 500M$..
the three biggies to watch are LODE-LAC & NCI... Hudbay is in there and will probably not apply for structural permits until the end of 2022.. they will wait for their final shot to the head on the ROSEMONT in arizona.. the sierra club blew them out of the water down there - HBY - played the game badly; don't look for re-animation of that mine consctuct down there.. !
lastly - NG has a working group w/n the UNR.. on the tabel is a Smelter and Heated Leach (Solar).. these are all long dateprojects.. but onece they are tabled.. its simply a matter of time not to waste thir time and start new projects...