OTCQX:RNKLF - Post by User
Post by
petersburggrayon Oct 21, 2019 7:46am
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Post# 30250255
BH Ni byproduct to reduce Au AISC
BH Ni byproduct to reduce Au AISCI dont think market has discounted the fact that wothin 6 months BH will be producing3% to5% Ni ore very profitably which will drastically cut AISC on gold production since nickel will be credited as byproduct agsinst Au AISC. Unlike Black Swan for example which need 6 to 9 months to restart, Bets Hunt can produce nickel at drop of hat...because Ni and Au mineralization is right next to each other infrastructure put in to mine gold can also be used for mining nickel. Only thing holding up full scale nickel production at BH now is access to nearby BHP nickel concentrator...BHP is opening 3 new nickel mines near BH and just signed a tolling agreement with Mincor. To process up to 600ktpa of their nickel ore. Per recent BHP presentation BHP will deliver 1st nickel sulphide product to customers in battery market nlt end of 2q2020.