Member Info for bonker99

Get enough money to take her to BFS (£10m? Russia? China? India? London?), cancel "Riverfort" and see an improving Nickel price into the bargain and this could be epic to the upside over the year ahead.

Mcap potential here on a rising Nickel price is £80-125m at PFS and double that range on a BFS/DFS.

Clearly, selling at 3p makes not a lot of sense when those kind of multiples are on offer with Nickel improving and, imo, heading for $7 again this year.

Blimey.

I did query whether 104 might actually be funded already the other day but Barking didn't want to play ball funnily enough :)

Greedy sod :)

Hunan province?

These guys are there - got a deal with Toyota - but there's lots of other similar battery tech companies in that province of course:

http://www.corun.com

That's one perspective I guess :)

In simple terms and ignoring the immediate fecking around with the SP, whilst there could be more flesh on the bones of the PFS numbers released today, the reality is that if we see a bullish move by Nickel going forward and that move ends up being a rush into the "next big thing" then this will move like BMN did on that big Vanadium spike.

Dollar plummeting as I type.

3.29p sure did look important to someone this PM :)

Well there's never any guarantee of anything with anything but if 2nd Gen EV batteries have anything to do with the forward pricing of Nickel Sulphide then you have to be bullish going forward - all the more so with continuing weakness in the Dollar.

A glance at the 6-12 month Nickel chart implies last Summer's $7 top will be seen again this year but time will tell as per.

AISC in the PFS at $4.50/$3 - granted no sensitivity analysis so you can see how the NPV/IRR would reduce on a graduated basis from the $8 used for the $2b/$3b topline but if they're broadly breakeven at $4+ and the spot price is currently $5.8 then I've seen worse setups with $8 looking a perfectly reasonable average to use when you're talking about a 15 year LOM.

A decent article on AMC's target market here - the biggest EV/auto market in the world, less than 500 miles away across the China border, with Chinese EV sales continuing their stunning vertical growth into 2019.

Take note of the final paragraph imo.

https://cleantechnica.com/2019/02/24/china-ev-forecast-50-ev-market-share-by-2025-part-2-consumer-demand/

Better to sell than be unhappy with your position imo.

You'll be selling then no doubt? ;)

Quite ;)

The intended audience I mean :)

The lunchtime crowd mate ;)

World Bank Nickel price projections have Nickel at c$7/lb around 2022 (around start of production here) and rising steadily beyond then.

I don't think $8/lb (average ...) is too frothy when taking the (current) 15 year LOM into account plus there could be more upside improvements to come from the further drilling they've done.

There isn't much big money betting against commodities at the mo, least of all big (2nd gen) EV metals so there's plenty here to offset any possible froth in that $8 imo.

Those (current) LME Nickel stock levels again:

http://www.kitcometals.com/charts/nickel_historical_large.html

I was just checking possible/probable triangulation at 3s and, yes, you've maybe got three max weeks to get in imo.

PFS > DFS typically doubles an mcap so that's still in the locker here going forward.

If you like Nickel (and who doesn't?) then this look superb imo.

Finance/offtake I shouldn't wonder.

16%

From memory, this exact same conversation takes place at the foot of one of VAST's lej n-bagging runs every time :)