RE:a lot of activity i reviewed Bisoni first resource estimation.
Gibellini project with Bisoni can easily double its M&I resources ( from 130M lbs M&I, oxides to 220M) and increase LOM from 13 years to 22 years. With further exploration resource could reach 500M lbs and more
That will change economics of the project significantly. At the current vanadium price of 8,20$ you can get NPV of 250-300M$, and vanadium price will continue to rise.
After EIS decision Nevada Nickel could get mc in the range of $70-100M cad alone.
same thing for Minago ( nickel project)
if CNC has 270M cad mc ( with 1,9bln lbs Ni @0,22%) why Minago ( Flying Nickel) with 1,2bln lbs Ni at 0.5%) cant be worth of 100M cad and besides with EIS in the hand.
good luck