Post by
Wangotango67 on Jan 24, 2024 10:29am
TELL YA WHAT ...
I'll drop the Nickel Silicate subject.
I'll submit to the ideology that the extraction - can't process silicates.
On the premise of,
Junior fetching $100 / tonne for Mgo
437 million tonnes x 17% MgO
= 74,290,000 t MgO
x $100 / t
= $7.429 billion
See the issue ?
Wellgreen is too rich. lol
To think,
Gov't offering $75/CO2 Seq x 437 million tonnes
= $ 5,571,750,000 billion
And junior can't even add this CO2 value in the - pfs.
Make sense ?
NO.
Most likely why we sit...
Twiddle thumbs.
Nickel silicate can be a real bugger to capture.
While the sulphide metallics ( heavies drop out easier ) due to gravity.
Since we have platinum ( off set co2 )
I would like to see - $20/ t MgO squeezed into the pfs ( quick revision )
437 million tonnes x 17% MgO
= 74,290,000 tonnes
x $20 / t
= $1,485,800,000 billion
~ common shares ------> ( no warrants, no options etc... )
Gov't + Stakeholders make the diff on ( CO2 $75 /t or MgO oxide or Metal value )
Otherwise...
how will this junior turn this pfs to very positive for shareholders ?
Hello.
Or i guess... i'll have to keep searching online - day and night
to find some type of extraction process to capture that elusive
slippery sulphur nickel...?
Stop pouting - busy.
lol