OTCQX:NTTHF - Post by User
Post by
superscepticon Aug 20, 2019 1:00pm
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Post# 30047208
ML FS
ML FSI am a bit surprised that ML already completed their FS.
That was fast. NLC and ML was going head to head until 3 aquifire discover and consequent PFS work. That put NLC behind in speed, but ahead in everything else (grades, resource).
ML liklely to get financing first, considering not EIC issues, geography, and now FS on hand.
But I also surprised with ML relatively poor grades that led to higher CAPEX and OPEX (3.3K despite minimum transport cost) and 5.4 years payback time.
Waiting for NLC news.