European Nickel Share Discussion Threads

[richscotsman] 30/4/2012 11:51

One which has seen the bus and off take agreement I suspect....

[zhockey] 30/4/2012 11:23

Only $180M?

Which bank in their right mind will lend that to a company embarking on the worlds first TL Latterite project and in a Nickel oversupply environment?

They would have been much better off spending that $40M on a plant that produces 5K tonnes per annum and generate some cashflow.

[metex] 30/4/2012 08:35

richscotsman....looks like they could be around those....as outlined in the Mirabaud Note....they`d outlined that two stage development way forward.

So perhaps the first stage....may only be around $180m - $200m....but with perhaps....a proposed sulphuric acid pipeline....that might go up a little....DYOR.

[richscotsman] 30/4/2012 08:01

Metex/chip

We now have more info on the staging...... Any thoughts of caped requirements for the first and second stages?

Rich

[metex] 30/4/2012 07:54

richscotsman....yes....overall ok.

Did you notice the mention of more drilling at Acoje....to get that JORC resource finally sorted?

While over at TMC through their RNS this morning....see that ENK`s Berong assets....won`t be helped....by new "tree permitting" issues there.

Hope it gets cleared up....without too many delays....DYOR.

[richscotsman] 30/4/2012 07:39

Thanks Metex

I would say that was a good update for us. If things go to plan could be looking a whole lot better by christmas.

Rich

[metex] 30/4/2012 07:00

Quarterly Reports out in Oz....no big surprises.

So it`s the low cost start up route....at 15,000 tonnes per annum production....that will be used.

ECC amendment mentioned.

BFS....delayed as expected....looks like end of Sept 2012.

ZCMC JORC resource....end of May 2012.

Mention of government Mining Law changes....they think shouldn`t effect ENK.

Sounds reasonable....DYOR.

[metex] 27/4/2012 18:56

Remember what waleswillwin posted....on the 23rd April 2012:

"it has been difficult to get information which should be available via an up to date website, I'm sure i'm not the only one asking Mr Hanlon what should be routine questions"

Well waleswillwin....was right of course!

Remember that elusive Mirabaud 80p Broker`s Note....from last November.

Well finally....it`s on ENK`s new website....for all to read.

For those who haven`t had the chance to read it....here it is:



Have a good weekend everyone....DYOR.

[richscotsman] 27/4/2012 15:29

just nobody mention the 'I' word....

[waleswillwin] 27/4/2012 15:12

Do you think I have fallen for the old 'The quarterly report will be out this Friday routine' again. Dam didn't think I'd get caught again.

[metex] 27/4/2012 12:31

AtlanticBridge....understood 8o)....but saw the 44p as being....when the two projects....Acoje and Caldag were in the funding mix.

Therefore the 30p total guesstimate....(not very scientific....lol)....was trying to take into account....both the losing of the Caldag project....and the gaining of the $40m....from the Caldag sale.

But 44p would be nice though!....DYOR.

Giant Steps....yes....alas....seems only an experiment....according to the present ENK Historians....lol.


ENK`s new Atmospheric Tank Leaching Process section....on the website....should be read thoroughly IMHO....to understand fully the advantages....in terms of relatively rapid leach rates....coming from the three stage leaching process....the resultant reduction in environmental problems....through better treatment....and safe disposal of waste products....and ultimately....the better quality final product:

[atlanticbridge] 27/4/2012 11:37

44p was the price of the 2nd tranche of HDI funding. I didn't think the new ENK would want to be beaten by the old :)

[giant steps] 27/4/2012 11:13

I like the way the history section is linked


...it was all an experiment !

[atlanticbridge] 27/4/2012 10:52

Yep :) Could be coincindence but if there's anyone reading this that can help - please can I also have a permit, an off take agreement, BFS and funding agreed at say 44p.

Have a good wknd all. Let's hope for a really bullish 1/4ly next week

[metex] 27/4/2012 09:50

AtlanticBridge....the new website.

The ENK Mailing List/Contacts links....appear to be working now.

[mdr128] 27/4/2012 09:33

metex, thanks, and I'm inclined to agree, we'll just have to wait until Monday.

[jezza123] 27/4/2012 09:12

radio silence so far....

[metex] 27/4/2012 08:25

mdr128....news usually comes out first in Oz.

To be fair....the last few Quarterly Reports....have come out on the 29th....31st....31st....31st....so today would have broken that trend....and no Quarterly Report has ever come out....before the 29th of the month.

Think next week....is now more likely....DYOR.

[mdr128] 27/4/2012 08:00

Hmm, has news always been out there first, or just usually?

[metex] 27/4/2012 07:59

No news out in Oz overnight.

[metex] 26/4/2012 21:23

zangdook....totally agree!

Even Heap Leaching....has been completely erased from their CV now!

But perhaps non-core assets....might get a mention tomorrow!....DYOR.

Giant Steps....still haven`t completely dismissed an ENK mini bluff....re TMC....(by not showing Berong on the website)....attempting to keep under wraps....a potential ENK takeover of TMC....or a ENK/TMC merger....DYOR.

[giant steps] 26/4/2012 21:15

metex, a simpler way to consolidate berong is for tmc to complete tripartite !

(enk + rmla + tmc)

[zangdook] 26/4/2012 21:08

non-core, but they should still get a mention IMV.