RE:CMVR StudyThis is part of the August,2023 NR I was referring to in the last post.
Power Nickel signed the contract with CVMR on August 2 and CVMR will commence work on the project immediately and look to produce a various reports and deliverables over a nine-month period. The Company will pay an initial deposit of $2,250,000 to CVMR to commence work.
"Initial Industry investment is a note worthy moment. We believe this study will show there is enough in what we have discovered to become a commercial mine and we believe in working with CVMR and their scalable approach to manufacturing extremely high-end Nickel Products. The more we discover the more modules we could add and the more products. Products that obtain prices 2- and 3-times LME Nickel. This slide from the CVMR website provides some context on this point. https://www.cvmr.ca/