Power Nickel Inc V.PNPN

Hole 79

[blue0987]

On Copper alone, PNPN highlight hole PN-24-079 intercept of 2.36 % Cu over 20.05m from 197.6m is very high grade, thick and moderate depth.
 

Percentile ranked against 167,000 copper intercepts = Grade 92th - Length 89th - Depth 42th
 

https://aaronmcm.com/intercept_report_card_copper?grade=2.36&length=20.05&depth=197

[Wheeler]

Every hit increases tonnage 

[Maxmoe]

True. At some point maybe quit drilling for a while until we develop/sell what we got. Based on the NPV calculation, each additional year of production after year 20 adds less and less to the NPV bottom line. Almost zero for those 21 years from now tonnages. So may as well spend it on something else. Or even buy back some stock if there's more cash than needed. Do NOT buy more properties in

[cashtango00]

Really?  They don't have anywhere close to enough drilling done to come up with a PFS, so I'm not sure where you are getting they have 20 years of tonnage.  Are you posting on the right thread?  They have a lot of drilling to due before they have an idea of what they have......the last thing a tiny explorer is going to do is buy its stock back.

[Maxmoe]

You can adjust his assumptions as you see fit. It's a simple model. Where's yours? I was not commenting on the accuracy of all the assumptions, only that I liked the model and fwiw, I prefer a NPV model to a "in situ" model. What part of production out past 20 years has little value in a NPV model is wrong? In the context of the extensive 30km of drilling contracted for H12025

[cashtango00]

For the record, I own shares here, saying that, I think you are getting way ahead of yourself.  Terry's assumptions are massively extrapolating the existing data.  There has not been anywhere close to enough drilling data to put together anything close to a bankable PFS.  Similarily, while I have no doubt that more senior companies are watching the progress being made, if you

[blue0987]

"We'll getting a lot of knocks on the M&A door, which is welcomed, but we need to see how big this Lion can be. At the end of the day will the majors be at the table? .... 1000%". https://www.youtube.com/watch?v=-XSJuOtLgHo    

[Wheeler]

He also said he could sell it for 500m but he thinks we'll be there in a couple of months anyway.