RE:Just a little simple math as we waitidlefreebird wrote: CNC put out a PEA stating free cash flow of $274 million anualy for 25 year mine life at a nickel price of $7.50...
therefore for the simpe math ... 25,000 tons anualy x 2200 = 55,000,000 lbs , therefore that would be $55,000,000.00 of FCF per $1 higher in nickel price that would report straight to the bottom line as it's still the same production line...today's math has a $2 .15 cent increase to PEA and that's at 25,000 tons anualy not the projected 50,000 tons after phase 2 ...
Therefore 50,000 tons x 2200 = 110,000,000 lbs x $2.15 = $236,500,000.00 above the $274,000,000.00 ...oh ya throw in carbon capture and it becomes a no brainer ...glta
Someone hire this man with grade 3 math skills!