Royal Nickel Corp. RNKLF

RE:RE:RE:RE:Extremely Undervalued Company with Giant Nickel Deposit

[AlternativeView]

https://www.nornickel.com/investors/presentations-and-briefings/

The above link is to the March, 2018 results for Nornickel, in Moscow.

See p14 for the amount of substitution potential (wasted Class 1 now used where Class 2 is adequate)

From this next link, on p50, you can get an answer to your question by examining the incremental costs of the flowsheet changes required to produce NiSO4 from the various feedstocks.  NiSO4 is nickel sulfate for batteries; do not confuse this with nickel sulfide, whic is merely ore.

https://www.nornickel.com/upload/iblock/5b9/20171120_strategy_eng_2017_final_london.pdf

Not2Sirius wrote:

AlternativeView wrote: I find this to be a strange comment to be on the board of RNC, a company with a CEO who repeatedly said that this distinction is BS for 2 reasons.  First, a lot of Class 1 nickel now goes into SS and can be repurposed for batteries, and second, ungrading NPI to Class 1 requires only a simple change to the flowsheet.

Maybe you should read some of RNC's presentations,

Not2Sirius wrote: Jules, not trying to discredit what you wrote, but I recall looking into FPX and finding out it was not the class 1 type of nickel that would be useable in EV batteries, rather it was NPI or something else less valuable.  Please correct me if I’m wrong because it’s been a while and I am maybe misremembering.

 

I was responding to a comment about FPX made on the RNC board.  You have me very confused.  Why is the fact that Class 1 is also used in SS relevant to my comment?  Is that change to the flow sheet economical?  I’m admittedly not a nickel expert (look, I admit it above), but I am a grouch expert and I see one right in front of me.