HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Capital costs ?

Capital costs ?

posted on Dec 21, 2007 03:12AM
As a share holder I am getting worried about the capital costs involved in bringing in the infrastructure required(roads, power, rail?) to such a very remote location. The find must probably be close in size to that either of Sudbury or Norilsk to make it worth while, a Voisey's Bay may not do. I wonder if anyone has figured out the total market cap. of all the players involved in that area. A major would probably only get involved if it can control the whole area. Capital costs must be in the order of 5 billion for roads, infrastructure, mine and mill.
Share
New Message
Please login to post a reply