Post by
Danno13 on Sep 22, 2020 2:30pm
Resource
Even if they don't sign a deal with Tesla the shares are cheap with a resource of 10 billion + of first class nickel sulphide. This type of nickel will be worth a pile of money.They predict in ten years that most countries won't produce gasoline automobiles.Electric and Fuel cell will be the car of the future.Nickel Sulphide will be priced at a much higher price.If the cost to produce a lb is $5.00 and the price for sulphide is $10 a lb that's $5.00X10 billion lbs= $50 billions.And the price will reach over $10 a Lbs.It would be nice if Tesla signs a deal but if they don't some body else will.
Comment by
NickelShill on Sep 22, 2020 2:37pm
Pretty big assumption that GIGA's production costs are anywhere near $5/lb. Got any support for that number? The shilling in this thread is unreal. Make believe numbers and notional linkage to Tesla. Never anything factual. Buyer beware. DYODD.
Comment by
Gordanno on Sep 22, 2020 2:41pm
This post has been removed in accordance with Community Policy
Comment by
Danno13 on Sep 22, 2020 3:57pm
The $5.00 price was just an estimate.Vale's cost is around $4.00 AISC, FPX Nickel PEA AISC is $ 3.12 a pound.My estimate for GIga was bit high.IF the management can't produce it at $5.00 per lb there in the wrong business.