Should pay for itself I would have thought. Just roughing out the estimates - what 400 kilos of Nickel and maybe 100 kilos of Co. Remembering it is the process of converting to ' High Purity ' Co which will pay us huge dividends if it delivers us an Off-take partner in about 9 or 10 weeks - if not sooner - and definitely before Easter.There is also the Scandium results which I think Simulus would also be pursuing from the end result of processing this tonnage. Remembering this statement which wasn't to shabby from the announcement of 10th August 2018 :-.
- Scandium has the potential to be a high value by‐product at Itapitanga given that scandium oxide prices, as reported in the 2018 US Geological Survey (USGS) Commodity Report, have recently been in the order of US$4,000‐US$5,000 per kilogram.
IMO - They are clearly being very methodical in their approach to unlocking the full potential of the Itapitanga project .......Almost by Stealth. Keep the eyes on the prize folks........
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Should pay for itself I would have thought. Just roughing out...
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