160 million tons of nickel laterite ore between San Jorge and Kolosori, and San Jorge makes up about 50% of the tonnage. This means we have about 80 million tons of ore in San Jorge. We know we only do DSO, but $10 profit per ton of ore translates to $800 millions. I am even happy with this conservative figure when Axiom’s curent MC only sits around $60 million.
Jazz, you need to get a life, you have been relentlessly vindictive and vengeful. What have we the current and future shareholders done to you to make you bear all these hateful resentment towards us and towards our potential rewards? And mind you, without a shadow of a doubt, our project has now been significantly de-risked.
AVQ Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held