you spoke about pm1 months ago and how atmospheric leaching isnt viable? Months ago it was a shell with a manganese project and had nothing to do with nickel laterite....
you wanted to know where I got those cobalt grades from? It is part of the agreement with the ore suppliers and is in line with historic import data from NC. See page 42. At least we agree that those are great grades i suppose!
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.511.6057&rep=rep1&type=pdf
Guys im not sure why the angst. I simply posted that BB had signed a horrific deal for AUZ with the Bergen financing and that the details of that deal were not made known when announced. Hence AUZ finds itself with a convertible note that as 100m shares converted at 3c when the deal was signed the shares were trading at 6.3c. Questioning why did he agree to the terms I stated in the post below. This is far different from what BB announced.
https://hotcopper.com.au/threads/agm-and-bfs.4540059/page-399?post_id=36633914
I have posted that I think the AUZ BFS is in my opinion pretty bad as the NPV on a 1.3Bn AUD investment is 694m AUD. That is using nickel prices 40% higher that current price and Cobalt some 20% higher than current prices.
