Canada Nickel Company Inc V.CNC

For what it is worth.....,

[CravingProfits]

The opportunity to utilize the excess capacity and existing infrastructure at the Kidd Met Site provides the potential to allow a faster, simpler, smaller scale start-up of Crawford at a vastly lower capital cost while the Company continues to permit and develop the much larger scale project currently being contemplated

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MOU signed for potential use of Glencore's Kidd concentrator and metallurgical site ("Met Site") in Timmins, Ontario for the treatment and processing of material mined from Crawford approximately 40 km away

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Canada Nickel has completed an initial high-level assessment and will now proceed with a detailed study on the potential for upgrading excess capacity at the Kidd Concentrator and/or utilizing the existing infrastructure in place at the Kidd Met Site for milling and further processing the nickel-cobalt and magnetite concentrates that are expected to be produced from Crawford

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The capital and operating costs assessments have been successfully completed and discussions are ongoing.

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[idlefreebird]

craving , my take on that is the circuits arent big enough to even bother , waste of capital moneys..go big or stay home i can see them going straight to the 120,000 tpd operations therefore were talking over 2 billion capex right out of the gate ..the big players aren't going to lalygag here they need nickel and there won't be expansions unless it's above the 120,000 tpd and keeping