RE:RE:PEA Exactly ! Since July 9th PEA report they have had 4 press releases on improved metallurgy by multiples for what CNC says is the highest grade nickel sulphide concentrate globally.
Nickel has gone up from $7.75 PEA number to $20 high improving NPV massively by possibly a billion more per year pure profit.
Depending on how the nickel market shakes out, it could be way more. Must explain the big boys tossing $100 million at us.
Resource report in next few months of 50 to 100% larger, more Net Zero news, drill results etc makes CNC the must own nickel stock.
smallcap1967 wrote: “Whether an economic size and grade of deposit can be developed from the CUC will be predicated largely on the success of metallurgical testwork and the price of nickel and other recoverable metals. The Crawford Nickel Sulphide Project is still at an early stage, but initial metallurgical work and mineralogical studies have shown that the nickel contained within the serpentinized ultramafic rocks of the CUC can be liberated. Critical to the success of this project is completing further thorough metallurgical test work to determine if the nickel could be economically extracted”. Ausenco July 9 2021 NI-4310 and Preliminary Economic Assessment pg. 345.