RE:RE:How many of you even know about dunontI think Dumont hasn't moved for a couple of reasons:
One, I think the majors have been waiting to see how these projects pan out in their drilling and economic reports. A company like Glencore may wish to wait to see how the results from CNC and others pan out before buying something for 1B. They potentially could have gotten a better project if they just waited. That being said, I do think time is betting short because the need for the nickel is getting closer and the nickel price is getting jogger.
Two, I think there still is some hesitation in regards to the economics of low grade nickel - despite all the evidence showing strong numbers. This is why we are seeing a bidding war on a company like Noront in the middle of nowhere. It's a high grade deposit that a major might be able to scale out. Again, there may not be enough time for these large companies that are hoping for large scale high grade finds. These mines need to be operational in the second half of this decade.
Just my opinion