MCR 0.52% 96.5¢ mincor resources nl

Ann: Cassini continues to grow with more high-grade intercepts, page-8

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  1. 3,607 Posts.
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    Gav,

    my read is to expect 20% plus inc in tonnages @ Cass, plus reasonable "potential" for an inc in "average grade" .......

    so - all up - 20-25% inc in total Ni @ Cass ......

    as you rightly say, for the stock to kick-on, requires commodity price to rebound ........Cassini may actually be the cheapest to start development with - given how shallow the mineralisation starts at ......

    well done to Peter and the Team - tis clear that this is an excellent resource ! - still with upside as open at depth - , hopefully do a decent deal with BHP, and when prices recover (if Cass is "1st", it may only need 5.50-6.00 / us/lb .......) ......

    just my thoughts ...

    rgds
    V_H
 
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