Re: Control
in response to
by
posted on
Jun 10, 2009 09:46AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
I believe I read somewhere that at the present annual extraction rate there is enough Chromite in South Africa for another 200 years... Hamilton has made it very clear that if there is not anymore nickel ,there is no chromite.. This was made clear in the powerpoint presentations in New York,Boston, London and the presentation to the analysts..I just can't believe that Hamilton would say this unless he knew for SURE that there is MORE NICKEL..I believe he is setting this up to announce that there is more nickel ..which then means the Chromite is a go... Does this make sense or is this is just wishful thinking on my part..................Regards...R R