HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Message: Perfect timing for Mick?
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A source said it would be unwise to write off Mr Davis, who built up Xstrata into a FTSE 100 company before selling it to Glencore for $US27bn. “Deals can happen very quickly,” he said.

Can they buy just Eagles Nest by March 2017 and then negociate later for the rest ?

Does this money can be used to secure his participation on the project ? or must be used entirely in one shoot deal?

Isn't too early in the process to talk about a final deal when First Nation hasn't done their own talk with their community ...

BigD

 

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