Just a quick thought on this carrollite vein - if there ends up being much of it - it will concentrate very well.
@skorpian No - early cashflow stories end in tears and simply a waste of ore - I'm suggesting they will play a role in finance in return for concentrate off-take, a role that if we are fortunate minimises the amount of equity required for the project. They may also offer other kickers which boost NPV. Higher payability? Profit share on the subsequent cobalt hydroxide production? I have wondered if the processors are as exposed to the mining code as the miners, and if we will see margin transfer to processors to minimise excess taxation.
NZC Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held