JRV 0.00% 1.1¢ jervois global limited

Ann: NiCO Young Cobalt-Nickel Laterite Updated Mineral Resource, page-11

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  1. 1,888 Posts.
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    O.k for the purpose of comparrison - I got this from the latest CLQ presso.
    CLQ
    M+Indicated resource of 87 Mt @ .64% Ni and 0.13% Co
    And
    Total resource of 101Mt @0.59% Ni and 0.13% Co
    So CLQ have drilled this hard core.

    Vs JRV
    Total resource of 167Mt @ 0.59% Ni and 0.06% Co
    Using higher cut off grade (more appropriate here)
    Total resource of 99 Mt @ .58% Ni and 0.08% Co

    And then the higher grade zone of 42 Mt- (awesome news as we can kick this thing in the guts and we are viable- its still of itself a massive resource).

    Some things to note when making the CLQ comparrison
    1.They have Friedland
    2.They have drilled the hell out of their resource M+I
    3.CLQ also have a large high grade scandium resource but the mkt currently is applying very little value to this as can be seen with comparative value of PGM shares (perhaps 30 - 200 million for the CLQ scandium resource currently baked in to CLQ share price, but I need to check their development strategy- Im pretty sure they are going with Ni/Co first)
    4. CLQ starting to see share price fire up a bit lately after a period of stagnation.
    5. CLQ is considered a very large project in terms of world scale- like top 5 or six projects apparently.
    6. CLQ has one of the highest Co/Ni ratios. (Ours not too far off on the 42 Mt-this is good obviously)

    I thinkith we goeth nutteth.
 
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