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GrowthMindset

12/26/17 2:14 PM

#32009 RE: Boilermaker1 #32008

Boilermaker thanks for the post. Hypothetically how fast could this be constructed if they had all resources available and man power to do so?
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DouglasPlatte

12/26/17 2:21 PM

#32010 RE: Boilermaker1 #32008

Value add post right there. Thanks.
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Landmark8211111

12/26/17 2:35 PM

#32011 RE: Boilermaker1 #32008

Quote:
"I am NOT trying to rain on anyone's parade. I am incredibly optimistic about Nicorp. But, this is a BIG, complicated project that will not happen overnight. AND, will not start till financing is announced. JMHO".

Yes this is all commonly known, It's all in the FS 970 page report for all to read. This project is going to be a $Billion+ world-class mining project. Nobody is under any illusions about the complexities of the task at hand - and that includes "that it will happen overnight". And 'of course' nothing starts without financing in hand.
But thanks for the impute.
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PutzMueler

12/26/17 4:39 PM

#32027 RE: Boilermaker1 #32008

I may not be able to debate you on the mechanics of a mine but don’t exaggerate the little things because it affects the rest of your statement.

50 foot length of pipe 1600 feet is 32 llengths of pipe times 12 for 12 holes. That would fit on very few trucks. One railcar two maybe?

Ps although in an earlier post someone stated 12 holes, I only ever heard of four wells, but there might have been more said in the FS about it.
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bigal9999

12/26/17 6:16 PM

#32031 RE: Boilermaker1 #32008

Wow. Great input, Boilermaker. I didn't realize that OPPD had done that much work already. It should help to cut down on the time. I also didn't realize the primary voltage was 171KV. While I have worked on larger transformers, the largest I have purchased were 23KV primary, so I don't have experience with lead time on those transformers, but I would guess that my original estimate is in the ballpark. For general info, transformers of that size are usually shipped with the cooling fins and bushings removed to make it small enough to go down the highway, and then assembled and filled with oil on the site. Not a big deal in the grand scheme of things.

I also don't want anyone to think I am talking the project down so to speak. I am very optimistic (as can be seen by the number of shares I have purchased), but I also don't want investors to think that if we get financing in Jan. 2018 that the dewatering will be complete in Jan. 2019, and then get frustrated, sell their shares, and drive the share price down when the dewatering isn't complete by then. I want us to have a realistic expectation so that we understand the importance of patience as the project progresses.

Big Al
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JohannaBaks

12/27/17 12:20 PM

#32057 RE: Boilermaker1 #32008

Boilermaker1, I read your explanation. Very helpful to understand, very interesting to me.
I'm not a technician but was a secretary. Although very interested in techniques.
My most interesting period in my career were the 2 years being present to take minutes at the building meetings of IHC Holland Dredgers (IHC Merwede nowadays) with representatives from JanDeNul, Belgium. That was at the time they built the J.F.J. De Nul, a very imposant cutter dredger.
Believe me or not, at the end I claimed to be able to built a cutter dredger :-) :-)
It's a bit off topic. Sorry for that.