Post by
caramba71 on Dec 03, 2021 5:24pm
Does my math make sense?
In the interview in London, Mark mentioned the potential revenue stream from capturing carbon using the tailings. He thinks that 8-10 kg of carbon per ton is realistic and with 4.6kg needed to get to net zero, it would leave ~5kg on the table. Each kg translates into 900,000 tons of carbon over the lifetime of the mine.
That means:
5 x 900,000 tons x $130 per ton = $585 Mio
This assumes that Canada is extending the carbon credit program beyond 2030 as the lifetime of the mine would be way longer.
Does this make sense?
Comment by
PCGuy10 on Dec 03, 2021 10:36pm
Mark was in a Crux investor interview and joked that Crawford won't be a Nickel Mine after all. It will be a Carbon Credit mine with a nickel offset. Just like I said earlier, my old Drinking Regiment had an Infantry problem.