RE:RE:Conservative or Not...
My NPV estimate was pre-tax, discounted and rather than using the Nickel price I assumed that the product sold will be some kind of Ni-Co-Su concetrate which generates less than Ni when comparing prices per ton.
I'm sure someone here with more mining background can eleborate on that and the following:
Also, I have no idea what revenue can be expected from selling Fe, Co, Pd, Pt. Are they a 'by-product' and a similar cost could be applied or does additional processing yield lower revenues for those metals.