Re: STIFEL Report dated July 26,21

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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cb2go

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Re: STIFEL Report dated July 26,21

in response to

Re: STIFEL Report dated July 26,21

TooHotToHandle

posted on Dec 15, 2021 03:55PM

I think one thing to note, is that alot of the current value of the "District" comes from thr chromite, and thus far BHP and Wyloo have only stated they are after thr Nickel. BUT i suspect they are only saying the nickel for this exact reason.

When the report was done, I think that is was only bassed mostly on the Eagles Nest Value , which at the time based on rough numbers would have been 6 billion or so. This would give th insitu value of where Steifel was sitting for the 10% being "normal". Based on the current value of NOT. This however is not what Wyloo or BHP is buying. And they know it. Pay up boys. Or at leats pay bigger.. :)