Member Info for TrickyDicky2

Turnagain and Crawford are something like 0.2% so the difference is significant. Admittedly both are sulphide projects but that doesn’t make up for the lousy grades.

It’s not just size that matters. If it were Sirius Resources wouldn’t have been sold for $1B+

TDT

Who writes these articles!!!!!!

https://www.mining.com/featured-article/ranked-worlds-biggest-nickel-projects-2022/

Whoever it is they really do need to get out more.

TDT

".....will be sweet relief in itself, for me, anyway...."

Not just for you sasa43 but for a very large number of people I suspect.

TDT

Interesting movements in price and stock so far this month.

TDT

Date - LME Nickel Cash - Settlement LME Nickel 3-month - LME Nickel stock
24/03/22 $37,200.00 $37,235.00 73,074 Tonnes
23/03/22 $32,355.00 $32,380.00 73,242 Tonnes
22/03/22 $30,800.00 $30,000.00 73,578 Tonnes
21/03/22 $31,580.00 $31,380.00 73,632 Tonnes
18/03/22 $37,115.00 $36,915.00 74,358 Tonnes
17/03/22 $42,150.00 $41,945.00 74,274 Tonnes
16/03/22 $45,795.00 $45,590.00 74,688 Tonnes
15/03/22 $48,196.00 $47,986.00 74,988 Tonnes
14/03/22 $48,211.00 $48,002.00 75,318 Tonnes
11/03/22 $48,226.00 $48,033.00 75,702 Tonnes
10/03/22 $48,241.00 $48,033.00 74,238 Tonnes
09/03/22 $48,211.00 $48,048.00 74,778 Tonnes
07/03/22 $42,995.00 $42,200.00 76,830 Tonnes
04/03/22 $29,800.00 $28,700.00 77,082 Tonnes
03/03/22 $28,800.00 $27,980.00 77,784 Tonnes
02/03/22 $27,000.00 $26,350.00 78,162 Tonnes
01/03/22 $25,450.00 $24,900.00 79,524 Tonnes

The price has just shot up to $16.5289/lb or almost $36,500 per tonne.

TDT

........trading on the LME frozen, again.

Seems nickel was trading up to $37,235/tonne yesterday ($16.89/lb). Another 15% on top of that and it will be nudging $20/lb. What a time to be a producer of Class 1 nickel, especially if what you are producing is not hedged.

TDT

The one crucial variable you would need for each company is C1 costs before you could make a comparison with the deal at Skeena Resources. Anyhow, here goes.

13% for C$132.5m of 3.88m ounces of proven/probable reserves.

Pure Gold has 1.013m ounces of probable reserves. That's 26.1% of Skeena so 26.1% C$132.5m is C$34.58m. This is only 13% so a full 100% would be C$266m (£161m). If, however, you base it on the 2.5m indicated and inferred resource then of course its potentially quite a bit more, about 2.5 times more so £402.5m.

There's no where near enough information to make a sensible comparison so treat the above with caution.

TDT

The war in the north of Ireland is on our doorstep but I guess, in your head, that doesn't count.

As for:-

"I guess you’re just lucky to live in the one state which prints the truth."

The media here isn't an organ of the state, run and controlled by the state. Murdoch, Rothermere, Lebedev and the papers they control have their own agenda's the Guardian also but they're not poodles of the state and neither is the BBC no matter what many of its critics claim. The press here is frequently the government of the day's biggest critic no matter which one is in power. In Russia! In China!

What do you think would happen to you if you were to voice your opinions in Russia? You'd probably go the same way as Nemtsov if you were to voice them loudly enough. That's assuming, of course, your opinions didn't involve you lavishing praise on Putin .

You seem to think you are in some sort of elevated and privileged position where you can distinguish the difference between truth and lies, where you and only you know, see and understand what's going on. I'm not sure whether that's arrogance or delusion but its certainly at least one of the two if not both.

Liberal western democracy has a lot of faults but the alternatives, IMO, are far less attractive.

TDT

If you know anything about Gerald Bull you'll know that the "super gun" or long range artillery to give it its proper name wasn't a load of shyt. If it were a load of shyt the Israeli's wouldn't have been so keen to see Bull swim with the fishes.

https://www.amazon.co.uk/Bulls-Eye-Assassination-Supergun-Inventor/dp/1539089142https://www.amazon.co.uk/Bulls-Eye-Assassination-Supergun-Inventor/dp/1539089142

As for WMD Saddam used chemical weapons during the Iran/Iraq war and on his own people at Halabja. You don't need me to post any links on that one because it's well documented and easy to find.

Motive and means.

TDT

TDT

Similarly CT, what have the Romans ever done for us!

Well said, my thoughts exactly.

TDT

It looks to me like there's been another trading halt. The price hasn't budged for about an hour now.

TDT

Kitco is now showing a spot price of $29,000/tonne. Several months ago a $1,000/tonne increase in 24 hours was unheard of. Now it's the least you expect.

TDT

It looks like the fun and games aren't over just yet. Nickel dropped down to just over $11/lb. and trading halted only to start again when the American market opened and it shot up to just under $13/50/lb. Currently about $12.90/lb.

What a time to be a producer.

TDT

I guess that helps explain the slight run up in the share price the end of last week. With luck todays RNS might push it up over 7p and it might stay there. Not before time.

Onwards and upwards.

TDT

Stock starting to consistently head south again, down by 726 tonnes today. How much longer the LME remains relevant for after the recent debacle remains to be seen.

TDT

The best parts of the Hunter Biden laptop story are:-

"You’ll remember the story. Hunter Biden allegedly showed up at a computer repair shop with three water-damaged laptop computers. According to John Paul Mac Isaac, the proprietor of that shop, one of the three computers was beyond repair, one simply needed an external keyboard and one required data recovery. Mac Isaac recovered the data, but no one ever came to pick the machine up. Eventually the data from the computer made its way to Rudolph W. Giuliani, Donald Trump’s personal attorney. It was Giuliani that gave it to the Post."

And.

"On April 12, the laptops were dropped off at Mac Isaac’s repair shop. Mac Isaac is legally blind and was not able to identify Hunter Biden by sight."

He dropped his water damaged laptops off with a blind computer repair technician! Really. I mean really!

TDT

"The forgotten — and ignored — context for the emergence of the Hunter Biden laptop story"

https://www.washingtonpost.com/politics/2022/03/18/forgotten-and-ignored-context-emergence-hunter-biden-laptop-story/

TDT

"But Putin knows that if he starts spreading rumours on social media......."

"A lie gets halfway around the world before the truth has a chance to get its pants on" - Winston Churchill.

Victoria Nuland.

https://voxukraine.org/en/fake-victoria-nuland-admitted-that-us-has-biolabs-in-ukraine/

https://www.nytimes.com/2022/03/11/us/politics/us-bioweapons-ukraine-misinformation.html

https://www.washingtonpost.com/politics/2022/03/15/often-subtle-distinction-between-anti-us-pro-putin-rhetoric/

If anybody is interested.

TDT

I don't know why anybody thinks Orion or any of the other major shareholders would be in a hurry to sell. A cash cow pumping out who knows how much money over 30+years doesn't suggest sell to me, especially at the stat of what's likely to be the mother of all commodity super cycles.

TDT

The problem with comments about Blair, Bush and the Iraq war is they are given little or no context. Post Iraq 1 and 9/11 the world was a very unsettled place. To understand why the west reacted to Iraq the way they did is not only tied to these two events but to people and issues such as Abdul Qadeer Khan, Sheffield Forgemasters, Halabja, Gerald Bull and the quantities of dual purpose equipment sold to Iraq during that period from Europe, in particular from Germany. Motive and means. Saddam’s regime manufactured and had shown itself willing to use chemical weapons. The only thing they hadn’t successfully developed was the means to deliver chemical weapons over a long distance.

Blair, like Arthur Bomber Harris, will have to live with what he has done. I suspect both would feel, however, that to have done nothing could have resulted in a much worse outcome.

TDT