Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

over 9 years ago

in response to Tony T's message

If I was the government and putting up any money I would need to see a plan.

I would need assurances....

I'd need to see that the junior was paired with deep pockets....AND that there was some supply chain guarantee.

Chromite has long term contracts...you can't just bust in as the new kid and start selling product. You need to get to the folks that have the contracts and sell them the goods.

Here is an example....

http://www.tharisa.com/pdf/presentations/analyst_presentation_24062014_1.pdf

Agency agreement with Noble Group for 50,000tpm of metallurgical chrome concentrate (one third of steady state production)