Post by
apapas1973 on Oct 05, 2021 2:42pm
The importance of district scale properties
As we just witnessed even a small percentage point adjustment in recoveries can add or for that matter take away from the valuation because of the sheer size of the project. We're fortunate enough here to have it work in our favour. This is going to be a monster if they can even prove a fraction of what's on there. Based on that webinar yesterday, there's a lot more from where this came from.
Comment by
caramba71 on Oct 05, 2021 3:13pm
Agreed - there are quite a few parameters that are highly sensitive when it comes to NPV and the 92 Mio is prove of that in this case. I didn't watch the webinar yet apapas, but was wondering whether Mark discussed the Ni price. If I recall from the PEA the assumption was $7.75 or so.
Comment by
Rm90090 on Oct 05, 2021 3:25pm
That's an excellent point. The nickel price is higher now too.
Comment by
apapas1973 on Oct 05, 2021 6:47pm
Caramba... Mark doesn't speak too directly on the actual price of nickel but instead talks about the upcoming nickel super cycle and the huge year over year nickel demand that's expected to continue.