Hey Crazy, you scoundrel, I could call you a few other names but too many apply to me ( I hope), so I won't bother.
Any how, you are too often pulling at the strings of my heart, much obliged.
I also want more at much lower prices. Unfortunately the Noront story has been told on this site often enough so there is a real bottom to the sp, I just wonder where.
Babjak quite appropiately points out the other assets, however she points out the metal concentrations and quantities, I look a bit differntly.
I look from the economic side because I regard that as near bottom line.
Speaking of EN (acronym for Eagle's Nest to the newbies ), Nickel makes up two thirds of the value per ton, the remaining third is more or less divided equally between copper, platinum and palladium ( i.e. 1/9 of the value per ton for each).
What is most important is the total value, averages range from $550 to $750 per ton depending on which ore.
What I want to repeat is that if the nickel was totally absent the ore would still be not only economical but considered valuable by most companies and lauded as such. That should give anyone a proper perspective.
So the bottom line is:
Forget about the economical issue.
In no matter what global economic situation = We have a very valuble resource and in worst case situations our ore is and would be badly needed.
( i.e. most nickel mines would have to close before ours would be considered for closing, that can not happen unless you are speaking of ending our civilization.)
What is holding us back is lack of basic infrastructure and permits to deliver the metal to market.
That is where out concerns should be focused. Cheers to prosperity.