@StoprunnerA few excellent posts by @Stoprunner on CEO. With the demand for nickel is so high that it will impact EV companies business plans worth 10's of billions of dollars, how can CNC not get bought out by a major for a very large price ?
Crawford would supply only 20% of US demand and 4% of world demand. You have Texmont and 18 other properties ready to fill that gap in order to eliminate Chinese supply control.
With China buddying up with Russia right now it's only more of a no brainer where CNC is going. To the top lads!
@StopRunner @00bluesky Not sure what your getting at. Timmins has rail access. Rail cars can take 100 tons. Assuming the concentrate is in Timmins $CNC would produce the following: 120,000 tpd x 0.27% = 324 tons / nickel per day --> 63% Recovery = 204 tons of Nickel / day Approx 75 k tons per year of Nickel to the market. 75 k tons of sellable nickel a year = 165 million lbs x $12.50 a lb is $2 billion of nickel. 744 Rail Cars a year full. 14.3 rail cars a week. Not a big deal at all, could easily go to a seaport. $CNC Biggest problem is the old PEA is a way to small. 165 million lbs is good enough for 3 million EV's a year at 50lbs per car. 15 Million Vehicles a year sold in the US in 2021. World Wide Market 67 million Vehicles. Crawford can only supply 20% of the US Market or 4% of the World Market. 4
@StopRunner Tesla Market cap 630 billion dollars. $CNC Talking about $2 billion a year of Nickel. CAPEX Around $1 billion. Does anyone really think companies of that size will just sit their whining and complaining there is not enough nickel and ruin their operations or will they step up and get aggressive whether that means a deal with a company like $CNC or just buying their own nickel mine? 5
@StopRunner If Crawford could only supply 4% of the World Market in the future where's the other nickel gonna come from? Well Something tells me the Nickel in Indonesia and Russia is going to China. Guess where its gonna come from? Look at the map below. 19 Properties. Atleast 6 of these have Crawford Potential. Mann township is 4 Crawfords in one if not more. Texmont, Sothman, Bannockburn high grade Nickel 1% + Map Below is why I say $CNC is a District like BHP Nickel West. It's coming soon there will be a Rio Tinto or BHP ( Nickel - Timmins ) @StopRunner @00bluesky Not sure what your getting at. Timmins has rail access. Rail cars can take 100 tons. Assuming the concentrate is in Timmins $CNC would produce the following: 120,000 tpd x 0.27% = 324 tons / nickel per day --> 63% Recovery = 204 tons of Nickel / day Approx 75 k tons per year of Nickel to the market. 75 k tons of sellable nickel a year = 165 million lbs x $12.50 a lb is $2 billion of nickel. 744 Rail Cars a year full. 14.3 rail cars a week. Not a big deal at all, could easily go to a seaport. $CNC Biggest problem is the old PEA is a way to small. 165 million lbs is good enough for 3 million EV's a year at 50lbs per car. 15 Million Vehicles a year sold in the US in 2021. World Wide Market 67 million Vehicles. Crawford can only supply 20% of the US Market or 4% of the World Market. 4
@StopRunner Tesla Market cap 630 billion dollars. $CNC Talking about $2 billion a year of Nickel. CAPEX Around $1 billion. Does anyone really think companies of that size will just sit their whining and complaining there is not enough nickel and ruin their operations or will they step up and get aggressive whether that means a deal with a company like $CNC or just buying their own nickel mine? 5
@StopRunner If Crawford could only supply 4% of the World Market in the future where's the other nickel gonna come from? Well Something tells me the Nickel in Indonesia and Russia is going to China. Guess where its gonna come from? Look at the map below. 19 Properties. Atleast 6 of these have Crawford Potential. Mann township is 4 Crawfords in one if not more. Texmont, Sothman, Bannockburn high grade Nickel 1% + Map Below is why I say $CNC is a District like BHP Nickel West. It's coming soon there will be a Rio Tinto or BHP ( Nickel - Timmins )