RE: Silver16 Apr 2022 20:19
Although Elizabeth Hill has highly economic silver to mine and is massively underexplored (under 100m still remains untested) and has significant potential for the oxide resource from surface, I am now actually more interested in the Nickel, Copper & Cobalt as a bigger picture.
IMO the IG interview was probably one of the most important interviews when Bill said the large volumes of Nickel, Copper & Cobalt might become even more significant than the PGMs that have an in situ value of over US$5bn!
https://www.youtube.com/watch?v=vzuTpUMw6no&t=900s
So if the battery metals become "even more significant" and "much larger" as Bill mentions then he is saying they have much larger in situ value than US5bn!
I was listening to a fund manager who was saying that in order to meet the govt targets we need to mine more nickel & copper in the next decade than has been mined in the past 2000 years!
Elon Musk has said Tesla will give out giant contracts for nickel miners. They are after Nickel in sulphides which is what we have at Elizabeth Hill. The Nickel is of lower grades, but now highly economic to mine.
I can't think of a better located project than what they now call (in the new Corporate Presentation):
MUNNI MUNNI ELIZABETH HILL
PGE/SILVER/COPPER/NICKEL PROJECT,
WESTERN AUSTRALIA
Worlds No1 jurisdiction with access to infrastructure, power grid, skilled workers nearby, port, airport (with regular flights to Perth) and mining lease in place.
Top in demand Precious and Battery metals.
This is going to be huge IMO.