What we know as fact.9 Jan 2024 18:52
☑️138,000t stockpiled as of 30 Sept averaging 1.92% Ni
☑️Rotary kiln sections installed on the support piers
☑️All critical equipment packages contracted & are either on site or
130000 tons at 1.9 % nickel = 2622 tons of nickel
2622 tons x the current nickel price $16264
So as of last September they had
2622 tons of nickel x $ 16264 current price
Which equals $ 42,539,328.
Current company share price valuation. Is about £34 million.
By now Horizonte will have considerably more ready to put through the furnace.
£20 million should get the smelter up and running so I hardly think we are going broke.
In fact when we are financed and up and fully running who knows what the share price will be.