Post by
Wangotango67 on Jan 23, 2024 9:43am
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.