Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nickel Creek Platinum Corp T.NCP

Alternate Symbol(s):  NCPCF

Nickel Creek Platinum Corp. is a Canada-based mining exploration and development company. The Company’s principal business activity is the exploration and evaluation of nickel and platinum group metals (PGM) mineral properties in North America. Its flagship asset is its 100%-owned nickel-copper PGM project, located in the Yukon Territory, Canada (Nickel Shaw Project). The project is in the southwest of Canada's Yukon Territory, approximately 317 kilometers (km) northwest (NW) of the capital, Whitehorse. The Nickel Shaw Project is a large undeveloped nickel sulphide project, with a unique mix of metals including copper, cobalt and platinum group metals. The Nickel Shaw Project has access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska. The Company also maintains environmental baseline activities, considers optimization alternatives and seeks other opportunities.


TSX:NCP - Post by User

Post by Wangotango67on Jan 23, 2024 9:43am
105 Views
Post# 35840576

SWEET SPOT

SWEET SPOT If NCP found the sweet spot why is the
NVP @ $143 million after tax ?

Better yet, why mention in 2023 PFS
The PFS also identified a number of potential optimizations
Additional metallurgical testwork to improve overall recoveries

Guess the Sweet Spot of $143 million is.... best ?


What Else ?
1% recovery improvement represents approximately an after-tax
$111 M improvement to the NPV at a 5% discount rate;
https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its

That's a good window into what the Engineers were using to calculate.
1% = $111 million

Therefore, a recovery rate of, 50% = ( 50 x 1% )

    50 x $111 million
= $5,500,000,000 billion
-  $2,325,000,000 billion  total mine/carry cost
= 3,175,000,000 billion NVP ?


Hey... it wasn't  i who came up with the formula of,
1% extra recovery = $111 million.


Check the 2023 pfs our recoveries were over 50% for several minerals.
Phase 1 had a 5.6% Mg well under the penalty threshold.
Did phase 2 - have same Mg ?
If so, then no Mg penalty - best concentrate payable.

Those 6 concentrates - need explaining.


Other nickel juniors have,
$2+ billion NVP's


Why is NCP's ( NVP ) drastically discounted ?
Wellgreen has a plethora of minerals other juniors don't have.


Can we please have some quality miners like,
Vale or Glencore scoop this super duper project called, Wellgreen.

If Busy Boy was paying attention,
He'd have read my post on - 2016  Press - mentioning...
- permitting
- mining
- pull plats out from magnetite

8 yrs latter,
they're still trying to find first gear.


Mr Busy,
What if i bought in @ $0.045 cents or $0.05 cents   BB ?
What is it to you... what price i bought in at.
Each person has diff financial circumstances.

You should be paying more attention to,
DeJarden or National with 5 consecutive  - 1 share trades.
There's a screen capture some should make.
Wink.




<< Previous
Bullboard Posts
Next >>