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Business Model - why you need to import ore, page-2

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sandfire

613 Posts.

71

20/11/18

17:33

Post #: 36576151
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Originally posted by mbomb ↑

Have a look at the AUZ BFS.

This is why you need to import ore from New Caledonia instead of digging up low grade Aussie ore. They are using a $7 nickel price for their model, 8% discount rate, scandium credits where the market is limited. After all that fudging they are spending $1bn US to make $700m. With fudged numbers and no upside.

The nickel sulphate and cobalt sulphate markets are extremely attractive, but you need the right business model and high grade Laterite.

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I note AUZ head grade 0.67% nickel and 0.10% cobalt

pm1 head grade 1.70% nickel and 0.15% cobalt plus other metals.

PM1 Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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