Nice work Procrastinato. Common sense would suggest that with the Co & Ni resources straddling the tenements at Norseman, a JV is the obvious plan. Remember this, from an economies of scale and project metric standpoint, Creasy needs us more than we need him given what we know to date about his resource. A combined resource and single operation would allow for greater annual plant throughput, generate higher margins and revenues and a bigger project NPV. A single combined project could push the project NPV over $1 billion at current prices and with an increase in the process recovery rate.
I will give my two bob's worth on a hypothetical offer from Galileo tomorrow. Back to the Commonwealth Games.
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