RE:RE:RE:University of Texas / Canada Nickel CO2 TechYou bring up technology and instead of having an intelligent discussion or even elaborating on your vague points on some research that's being completed you avoid the question and resort to personal attacks.
Look at the volume. You can buy perhaps one Tesla with the amount traded. Yet you proclaim this company is worth 50 billion from a collection of properties recently acquired including decades old dormant mine.
The problem is that you can't address the fundamental question here.
Low
grade nickel deposits like CNC that contain a relatively low concentration of nickel which is wel below the 1 percent threshold. To extract the nickel from CNC deposits, specialized mining and processing techniques may be required.
Could be heep leeching, pressure learching and bioleaching. These techniques are very costly and time consuming than conventional mining and processing methods. They also require significant up front investment. I think in Indonsia required billions of investment that the investor may not get back.
also note that the profitability of low grade nickel deposits depends on the prevailing market prices for nickel, AS WELL AS THE COST OF PRODUCTION. YES THE COST OF PRODUCTION MATTERS. LET ME SAY IT AGAIN THE COST OF PRODUCTION WILL MAKE OR BREAK THIS. If nickel prices are high and production costs are low, then low grade nickel deposits may be profitable. However, if nickel prices are low or production costs are high, then these deposits may not be economically viable.
Overall, the profitability of low grade nickel deposits depends on a range of factors, including the specific deposit characteristics, market conditions, and production costs. While some low grade nickel deposits can be profitable, others may not be, and each deposit must be evaluated on a case-by-case basis.
In this case the evidence is not there. Off the Dumont with cheap electricity has no takers. So why would this have takers with more expensive hydro that needs to be factored. Diesal is expensive and transportation costs is expensive and this is no where near a smelter that can handle large volumes to make this an investment of consequence.
Endzone by avoiding this discussion proves that you are here for the wrong reasons.
EndZonefor7 wrote: Agreed apapas, also shows the majors once again you are setting this up to be a mine by trying to maximize recoveries to get max carbon credits.
Budget today will emphasize the new tax credits coming for equipment. Governments have never pushed metals production like this since WW2. Funny how the dissers just don't get it, but they probably flunked that class.
Nickel bumping up off the low. NIKL up 3.29%.